Course Description
The year is coming to an end and the books are closing; Are you ready for your year-end reconciliation? The reconciliation is your property’s final score card, and what you do with it can make or break a property or lease’s economic return. This course will introduce you to the key aspects of a reconciliation and what you can do in advance of the of the year end, as well as what to do when the books close, to ensure you are properly assessing the right expenses to your tenants.
Learning objectives:
- Explain what a year-end reconciliation is and how they are used
- Identify the steps you should take to prepare for your year-end reconciliation of operating expenses
- Discover tips and strategies for ensuring fair and equitable reconciliation across pools
- Understand the impact of reconciliations on the overall economics of the property
Review our course policies and procedures page for further information