Non-Recurring Capital Tab

The Non-Recurring Capital Tab was purpose built to create capital plans. Capital can be budgeted and tracked for 10 years and beyond. The Non-Recurring Capital Tab operates differently than the Income and Expense Tabs. It does not automatically enter items assuming a 12 month period. It is used to budget long term capital beyond a 12 month budget period.

Pane 1

Account - Active accounts of Display = Capital in the Chart of Accounts.

Sub Account - Applicable when Include SubAccount = Yes in the Chart of Accounts.

Type 

Useful Life (Mths)

In Use Date

Read more: Client Admin Capital Types

Description

Notes - Read more: Notes

Info: The application predefines Capital Types used for depreciation and amortization and automatically assigns the Useful Life as defined at Client Admin Capital Types.

Pane 2 Dates & Amounts

1. Click on an account; pane 2 appears.
2. Click "Add" on the pane 2 toolbar or click "Add Multiple" to add more than one date and amount; a window appears asking, "Number of rows to be Added?"
3. Enter the number and click "OK."
4. Enter a date in the Date From field.
5. Enter the amount in the Amount field.
6. Choose whether the Amount Type is a $Amount or $/SF (uses the dollar per net rentable area).
7. Click "Save" on the pane 2 toolbar or right-click select from the menu.

NRC or Expense Tab?

Users may find it easier to budget capital in the Expense Tab, rather than the Non-Recurring Capital Tab, if only budgeting for 12 months. Capital can be reflected by changing the Display Mode in the Chart of Accounts.

Note: Changing the Display Mode in the Chart of Accounts can only be performed by a Client Administrator.