You can create one-time and recurring bills to assign expenses to any property or general ledger account code.
With all of the accounting data stored in App Folio you can track the current budget and compare to actual income and expenses for each property.
You no longer need to wait to reconcile CAM once a year due to the time it takes to compile bills and calculate the amount tenants are responsible for based on their lease terms.
App Folio’s CAM functionality allows you to easily track, bill, and reconcile the shared common area expenses and income for your commercial properties whenever necessary based upon your business practices and agreements with commercial tenants.
When you have multiple units with similar charges each month, such as utility charges, you can create tenant charges in bulk by uploading a pre-formatted spreadsheet with charge details into your App Folio Property Manager database.