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We’re excited to share our newest enhancements to Yardi Corom with model 4.7 that make lease administration less complicated than ever. Upgraded dashboards present a fast view of your portfolio, whereas improved safety deposit dealing with retains issues clear at each lease and modification ranges. We’ve additionally added new import information objects for ETL, expanded reporting instruments for simpler evaluation, and launched a Toolbox menu for faster navigation. For worldwide customers, there’s a refreshed Authorized Entity display screen with useful filters and tax fields. With these updates, you’ll get pleasure from a smoother lease workflow from begin for end. Let’s leap into the small print!
Portfolio dashboard enhancements
On the Portfolio dashboard, the Market and Nation columns now seem within the frozen part of the listings to stay in view. To decide on to indicate or cover these columns, click on Admin > World Configuration.
New Admin menu merchandise with hyperlinks
The brand new Toolbox menu added to the underside of the primary Admin menu dropdown now contains hyperlinks to Reverse Journals, Tenant Performand Unpost you screens.
Admin > Toolbox
Extra import information objects for ETL help
On the Import Information display screen, now you can import information for the Choices Cost Schedule and Lessee Accounting Choices by way of ETL.
Admin > Import Information
Property checklist display screen now shows full deal with
On the Properties checklist display screen, the Property column now shows solely the property identify and the Handle column now lists each strains of the property deal with separated by commas.
Areas > Properties
Unit and Subunit screens now checklist unit standing
On each the Items and Subunits checklist screens, columns and associated filters now seem for Unit Standing.
Areas > Items and Areas > Subunits
Safety deposits show at lease and modification ranges
To keep away from conflating or duplicating safety deposits on leases and amendments, the flexibility to handle a number of safety deposits on the lease and modification ranges is now accessible by utilizing separate fields. The Unique Safety Deposit shows at lease degree, and the editable Safety Deposit shows on the modification degree. As soon as the modification is activated, the Lease Data display screen will present the mixed deposit quantities within the Safety Deposit area.
Areas > Leases > Modification
Improved show choices on cost schedule screens
Lease Prices display screen enhancements
- On the Prices display screen on the modification degree, now you can choose a forex that may apply on the schedule degree, even whether it is totally different from the lease forex choice, by altering the choice on the Forex extra menu and choosing Bill Forex.
- Now you can enter Notes for every cost schedule on the Cost Code and the Advance Setup step ranges.
Areas > Leases > Modification > Cost Schedule > Lease Schedule Setup
Lease Schedule Setup and Different Prices Setup display screen enhancements
- Notes you’ve entered on cost schedule steps show on the Lease Schedule Setup and Different Prices Setup screens the place you’ll be able to hover over the notice and examine longer textual content.
- On the lease Cost Schedule display screen, the Notes area on the schedule steps now has choices to “Present extra” and “Present much less” to show longer textual content.
- Every cost code row on the cost schedule setup screens now displays the present schedule step for that cost code.
Areas > Leases > Modification > Prices
Lessee Accounting Parameters for carry ahead
On the Lessee Accounting Parameter display screen, the carry ahead (which is the distinction between the final posted ROU/Legal responsibility) auto-populates when the 2 situations are met: (1) a parameter already exists; and (2) the Amortization From date has been up to date.
Prorate mid-month terminations
Finance > Lessee Accounting
- Performance is now accessible throughout PV/amortization calculations for prorating mid-month terminations.
- All through the method of rolling off a flooring at a future date, partial termination logic now applies to associated lessee accounting features and experiences.
ROU/Legal responsibility Setup JE early termination
Finance > Lessee Accounting > ROU/Legal responsibility Setup JE
On the lessee accounting Rou/Liabibility Setup I display screen, for early termination, a single JE to again out the legal responsibility/asset is routinely generated so that you can put up and ebook the distinction to achieve/loss.
Lessee Accounting Evaluate enhancements
Finance > Lessee Accounting > Evaluate
- On the Lessee Accounting Evaluate display screen below the Amortization Schedule tab, the column names have been up to date from Complete Lease to Straight-line Lease and SL Lease to SL Adjustment. The Amort/PV Schedule By Date Report and Amort/PV Archive Schedule Report replicate the up to date column names.
- Lessee Accounting PV/amortization calculations for early termination amendments when the cost code frequency is ready for English Quarters or Scottish Quarters is now supported on the Lessee Accounting Evaluate display screen.
Canceling In-Progress and Authorised necessities
Now you can cancel necessities with a standing of In-Progress or Authorised by way of the brand new Cancel Requirement button on the Requirement Data display screen. When a requirement is canceled, proposals hooked up to the Requirement are additionally canceled.
Transactions > Requirement
Customized Fields Report
Filters to checklist and seek for the kind of customized area and relevant attributes are actually accessible on the Customized Fields Report.
Stories > Customized Fields Report
Lease Dates Abstract Report
On the Lease Dates Abstract Reportyou’ll be able to view hidden information within the Items area by hovering over the sector.
Stories > Lease > Lease Dates Abstract Report
Transactions Totals Abstract Report
Totals on the Transactions Totals Abstract Report are actually exported to Excel as numeric values to facilitate arithmetic features.
Stories > Transactions > Transactions Totals Abstract Report
Lessee Accounting Stories enhancements
Stories > Lessee Accounting
- Report filters are actually accessible on Excel exports for all lessee accounting experiences.
- For all lessee accounting journal entries booked in opposition to a lease, information for YTD and MTD information (P&L part) are actually included in associated experiences.
- On all Lessee Accounting experiences, hyperlinks for every JE entry are actually directed to the respective JE CTRL web page.
- On the Lessee Accounting GL Tie Out Reporta Non-Present Legal responsibility column now shows the distinction between the Complete Lease Legal responsibility as of Reporting Date and the Present Portion of Legal responsibility as of Reporting Date.
Enhancements to Authorized Entity screens
- The design of the Authorized Entity display screen is now up to date to replicate present Corom UI. Practical enhancements to this display screen embody on-screen multi-select filters to customise and save. Applies to worldwide purchasers solely.
Areas > Authorized Entity
- Moreover, for worldwide environments, relevant screens in Corom now have the next fields: Tax Authority; Tax Charges; Tax Tran Varieties; Tax Factors.
Including authorized entities to worldwide properties
On the Property Data display screen for worldwide properties, the Possession tab is hidden and the Authorized Entity identify is displayed and hyperlinked to the associated file.
Areas > Properties
Inquisitive about how these enhancements can optimize your lease administration and show you how to keep forward of the curve? Schedule a customized demo with our Yardi Corom workforce. We’ll stroll you thru the brand new options, present you the real-world impression in your workflow, and assist tailor an answer that meets your particular enterprise wants. Don’t miss the prospect to raise your lease administration with Yardi Corom—ebook your demo at present!
The put up Yardi Corom 4.7: Upgraded Instruments for Smarter Lease Administration appeared first on Yardi Corom.
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