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PLM CAM Pools

Use this page to set up common area maintenance (CAM) expense pools (or groups) and the accounts to which the expense amounts are applied. CAM expense pools are a set of expenses that have the same characteristics.

After the CAM expense pools are created, they can be applied to properties at the first (or highest) level. Also, CAM expense pools can be applied for specified years.

Add CAM Expense Pool

To add a CAM expense pool, follow these steps:

In the CAM Pool FastTab, do the following:
1. Specify the Expense Pool No. and Description.
2. Select the Calculation Method.
3. Select the Pro-rata Method and specify a Denominator.
4. Select the CAM Charge and Recoverable Charge.

The CAM charge and the recoverable charge can be the same charge. However, if you want to use different financial dimensions for the recoverable charge, you must select a different charge for the recoverable charge.

In the CAM Accounts FastTab, do the following for each account you want to set up:
1. Select New Line.
2. Select the main Account No..
3. Select the Caps Type and specify a Caps Percentage.
4. If needed, specify the mark-up and gross-up percentages.

CAM Pools List

The CAM Pools shows all available CAM pools. The following information is available in the list:

CAM pool number and description
CAM charge number

CAM Pool

The following field boxes are available:

Field	Description
CAM Pool No.	Specify a unique CAM expense pool identifier. Required.
Description	Specify a description of the CAM expense pool.
Calculation Method	Select the method for calculating CAM expenses: Base Year: CAM expenses are based on the first year of a lease. Current Year: CAM expenses are based on the actual expenses of the current year. For more information, see Calculations. Once a reconciliation for a CAM expense pool exists, the calculation method cannot be changed.
Pro-rata Method	Select the pro-rata share method for dividing the CAM expenses proportionately among all affected tenants. Fixed Percentage: CAM expenses are calculated as a percent of the actual CAM expense amount. Property Area: CAM expenses are calculated as follows: Actual CAM expense * (leaseable area of a unit / leaseable area of the building). Tenants Area: CAM expenses are calculated as follows: Actual CAM expense * (chargeable area of a unit / chargeable area of all units in the building). When Exclude CAM Calculation is selected for the lowest level on the PLM Lease page, the lowest level is excluded from the calculation. For more information, see Pro-Rata Share Method.
Denominator	Specify the percent for the denominator. The denominator is used for the pro-rata calculation method. Available and required when Fixed percentage is the pro-rata method used.
CAM Charge	Select the charge for the CAM expense pool. Charges that can be added to the expense pool must have a Revenue lease type and a CAM charge type. Charges are set up on the PLM Charges page. Once a charge is added to the expense pool, it cannot be added to another expense pool.
Recoverable Charge	Select the charge for recoverable amounts for the expense pool. Charges that can be added to the expense pool must have a Revenue lease type and a CAM charge type. Charges are set up on the PLM Charges page. Once a charge is added to the expense pool, it cannot be added to another expense pool.

CAM Accounts