Year-End TICAM Reconciliations

CM recognizes that accurate and timely Year-end TICAM reconciliations enhances accurate financial reporting and promote positive cash flow.

  • By February 28th of each year, an Analysis of Tenant Expense Reimbursements is completed and a year-end statement is submitted to the tenant documenting the annual reconciliation of amounts to the terms of their individual lease.
  • The CM Platform has a module that allows a pro ration of tenant expenses based on square footage; this is then adjusted based on individual lease terms if not based solely on square footage.
  • Each new tenant lease is abstracted such that pertinent details related to Tenant Expense Reimbursement are available for review each year without having to revisit the details of the lease.
financial managementproperty managementleasingyear-end ticam reconciliationstenant management reportingtenant accounts receivable