Payouts

Payouts are expedites used for capital items in the Rent Roll tab and other Market Items: Tenant Capital, Market Leases and Template Leases. The application default is "Cashed Out."

Pane 1

Name - Unique title

Input Type

• Simple - Default method = Cashed Out. Leasing costs, tenant improvements, and/or commissions are paid on occupancy. All detail is contained in pane 1.
• Detailed - Can be assigned to occur over multiple months with percentage assigned to each payment. Detail is entered in pane 2.

Payout Month - Month number from start of lease. Enter the month numerically (i.e. on occupancy = 0, two months after = 2, two months prior = -2).

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.

Notes - Read more: Notes

Pane 2 when Input Type = Detailed

Percent - Percentage value

Payout Month - Month number from start of lease. Enter the month numerically (i.e. on occupancy = 0, two months after = 2, two months prior = -2).

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 on the Rent Roll tab.

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 on the Rent Roll tab.

Using

Payouts are used as expedites in the Rent Roll Tab grid (Payout field in pane 2 for Capital), as well as other Market Items: Tenant Capital, Market Leases and Template Leases.

1. Click Capital; pane 2 appears.
2. Click "Add" on the pane 2 toolbar or right-click select "Add Charge" from the menu; a new row appears.
3. Select the Charge Code that applies.
4. Click the arrow or anywhere within the Payout field to choose from all available.
5. Choose and enter applicable detail and click "Save" on the pane 2 toolbar or right-click select "Save Charge" from the menu.