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Creating CAM Reconciliations in Excel

Member price:

$59.00

Your price:

$ 99.00

12/07/2021

11 am PT / 12 pm MT / 1 pm CT / 2 pm ET
*approximate length: 45 minutes to 1 hour

Presenter: David Ringstrom, CPA

Common area maintenance (CAM) allocations can be a tricky endeavor in Excel because the devil is in the details. In this presentation Excel expert David H. Ringstrom, CPA will show you how to use techniques such as Power Query to create CAM reconciliation templates that you can easily funnel tenant data through. Design strategies will include using look-up functions to return prior year data and building in check figures.
David demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in the subscription-based Microsoft 365 version of Excel. David draws your attention to any differences in the older versions of Excel (2019, 2016, 2013, and earlier) during the presentation as well as in his detailed handouts. David also provides an Excel workbook that includes most of the examples he uses during the webcast.

Microsoft 365 is a subscription-based product that provides new-feature updates as often as monthly. Conversely, the perpetual licensed versions of Excel have feature sets that don’t change. Perpetual licensed versions have year numbers, such as Excel 2019, Excel 2016, and so on.

Who should attend: Practitioners that need to put together common area maintenance allocation spreadsheets.

Topics covered:

  • Link reports that you export from your property management software to Excel by way of Power Query.
  • Calculate the pro rata share of tenant’s share of expenses.
  • Use look-up functions to return data from property management reports, such as current CAM charges
  • Use pivot tables in Excel to summarize results by property, building, or other segment.
  • Use look-up formulas and Data Validation to create an Excel invoice/credit for any tenant.

Learning objectives:

  • State how to use Power Query in Excel to connect to external reports
  • Recall the arguments for look-up functions such as SUMIF
  • Describe how to use the Table command in Excel to improve spreadsheet integrity

Level: Intermediate

David H. Ringstrom David H. Ringstrom, CPA, is an author and nationally recognized instructor who teaches scores of webinars each year. His Excel courses are based on 25 years of consulting and teaching experience. David’s mantra is “Either you work Excel, or it works you,” so he focuses on what he sees users don’t, but should, know about Microsoft Excel. His goal is to empower you to use Excel more effectively.
 

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