Owner reporting

Seven sections, one month

The report opens with an executive summary, then the cash and account balances. Next come the income schedule and the expense schedule, by account. Then the payment and receipt schedule, matched to the bank. It ends with the lease and event calendar and the exceptions and action items.

The report is built only from entries a person approved. Every total equals the sum of its rows.

Every figure shows where it came from

Each number links to its source: the transaction, the lease clause, the calculation or the document. A figure with no source does not appear. A CAM true-up figure shows each step of its arithmetic.

What Komod does not track is stated as not tracked. It is never shown as an empty list that an owner would read as "none".

Draft, then closed

The report is a draft until the month is closed. Opening cash comes from the prior month's closed report; when there is none, the figure is marked provisional. If the books change after a draft, closing on the stale draft is refused until it is regenerated.

You can download the report as a PDF or a spreadsheet, and share it by a link that expires.

The owner's portal

Owners sign in to their own portal. They see the period's status, the draft or closed report, and the recovery package, and they can download the files. They see only the buildings that belong to them.

The portal is read-only. An owner cannot approve, post or change anything, and cannot see another owner's buildings. The exceptions section is there too, so open items and lease deadlines are in view.

Related pages

• Use case

  The month-end close

  You open the month and ask Komod to run the close. It reads your mail, your documents and your bank, lines up what it proposes, and asks where it is unsure. You approve each entry, and the owner report is drafted from what you approved.
• Use case

  CAM and NNN reconciliation

  Shared building costs, worked out line by line from your own books and each tenant's lease. Caps per recovery year, controllable and non-controllable costs, the admin fee, and a true-up per tenant. Every figure shows how it was reached.
• Who it is for

  For owners and principals

  You see the monthly reports your accounting team has run, including a draft. Every figure links to what is behind it. You read and download; you cannot change the books, and you see only your own buildings.
• Who it is for

  For controllers and property accountants

  You run the close. Komod reads the mail, the documents and the bank, proposes each entry and asks where it is unsure. You decide every card, and you are the only role that can post to QuickBooks.