CAM Reconciliation

The CAM Reconciliation process is used at the end of certain periods (typically annually or semi-annually) to reconcile the total amount of payments made towards Common Area Maintenance (CAM) with the actual CAM obligations.

For Landlords, it serves as a way to determine whether tenants still owe any additional CAM charges. For Tenants, it serves to validate that any additional CAM invoices are valid compared to what has been paid for that period.

The CAM Reconciliation process autogenerates a Lease Invoice process for any variance between the actual CAM charges and the amount already paid for a defined period of time. In this case, it supports the Landlord invoicing the tenants.

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