Formulations

Formulations are ranges of accounts that are used as primary building blocks for Recovery Pools, expense Distributions, Roll-Ups, and Reports. Formulations are recursive, meaning they can be a function of each other, as well as, account ranges.

Pane 1

Name - Unique title

Code - Abbreviated name/unique identifier

Chart - Chart of Accounts (Client level only)

Type - Scopes where the Formulation is used.

• % of Line Item - Basis for an expense percent of line item calculation on the budgeting tabs (Input Mode = % of Line Item, Percent of Line Item:); created at the Budget & Building levels.
• Allocation - Distributions & Roll-Ups*** (Budget or Building level)
• Recovery Pool - Recovery Pools Calc Portfolio (all levels)
• Reporting - Client Admin Reports (Client level only)

Status

• Active - Available where assigned
• Inactive - Inapplicable throughout the application, except for Client Admin Reports

Portfolio - The buildings that can use it. 

• All Portfolios - Available to all buildings in the budget.
• Client Admin Portfolios - Filters the availability of the named item to only the buildings included in the assigned Portfolio.

Pane 2

Percent (%) - Percentage value; defaults to 100.00

Type

• Account - Selection column populates with all accounts
• Formulation - Selection column populates with Formulations

Selection - List of available accounts (Type = Accounts), or Formulations (Type = Formulation).

Note: Formulations are recursive. Detail can be created using other Formulations.

Detail Wizard

The Formulation Detail Wizard assists users in adding detail using available accounts and/or

Formulations.

1. Click the "Formulation Detail Wizard" button; the "Assign Details Wizard" window appears:
   1. Detail Type - A series or a range of accounts or Formulation(s). Since Formulations are recursive, Formulations and Formulation detail can contain other Formulations.
   2. Percent (%) - Value; defaults to 100%
   3. Available Details - Assigned Details - Available accounts and/or Formulations
2. Select the Detail Type, Percent (%), and select the Available Details using the > >> arrows or left click and drag to select a range of accounts and move the selected accounts to the Assigned Details field using the > arrow. Use the < << arrows to remove detail out of the Assigned Details field. Accounts and Formulations can also be selected and moved by double left clicking a selection.
3. Click "Save" before closing the window.
4. Click "Refresh" on the pane 2 toolbar to view added detail.

Edit

Alert: Careful attention is required when editing named items as the changes will affect all using the named item(s). Edits to named items (Financial Components and Market Items with the exception of Template Leases) flow through to other Financial Components and Market Items and update all tenants that are assigned these named items in the Rent Roll.

Delete

Note: In use named items (Market Items and Financial Components) cannot be deleted. In order to delete a named item, it must not be assigned to any other named items, budgeting tabs, and/or tenants in the Rent Roll.