Adding One-Time Invoices in STRATAFOLIO
Congratulations on completing your CAM Reconciliation Reports for your NNN tenants. You have invoiced them all year based on your budgeted operating expenses. As it turns out, you paid out more than was expected during the year for your repairs. It is now time to invoice those tenants for the amount that they owe to […]
How to Use the STRATAFOLIO Lease Index
It is important for property managers to have easy and customizable access to the exact lease information they need. To make managing and accessing your lease information easy, STRATAFOLIO also offers the ability to view all of your leases at once from the Leases page. From this page, you can view the complete list of […]
How to Add Lender Information in STRATAFOLIO
Adding lender information is easy with STRATAFOLIO. Owners and admins have a designated area to record any necessary information about financial lenders to make your access to critical information as streamlined as possible. Adding a Lender First, use the navigation bar on the left side to locate Finances. Under Finances, select Lenders to access the […]
How to Add a Property Manager as a User in STRATAFOLIO
STRATAFOLIO offers several access levels for the members of an organization. The access levels limit what each user can see and do in STRATAFOLIO. The Property Manager role has the authority to add, edit and view leases, tenants, and work orders. However, they are not permitted to view the financials that the owner sees on […]
Mapping New Loans in STRATAFOLIO
Loan Covenants and How They Appear Defining a Loan Covenant The first step in identifying the loan covenants is understanding what they are. A loan covenant is a mutual agreement between the lender and the borrower on what standards must be maintained by both parties. Examples of loan covenants are: Your loan documents will spell […]
Mapping Classes in STRATAFOLIO
Classes are the easiest way to keep track of multiple assets/properties in one QuickBooks account. Using classes helps create a more manageable—and more easily navigated—Chart of Accounts (COA). In QuickBooks, not only can you track your expenses, but you can also use classes to identify the type of expenses incurred for each asset easily. This, in […]
Map QuickBooks Accounts to STRATAFOLIO Properly
Feature Overview The QuickBooks chart of accounts mapping process ensures each account is properly aligned with STRATAFOLIO’s consolidated COA. When you add or edit an existing account in your QuickBooks account, STRATAFOLIO will see the updates after the next time it syncs. Therefore, it’s a good practice to check that the sync has been completed […]
Run CAM Reconciliation End-to-End
Common Area Maintenance (CAM) reconciliation is critical to managing commercial real estate. STRATAFOLIO recognized the need for a platform that simplifies the process and saves valuable time. The CAM reconciliation process with STRATAFOLIO is simple. With just one click, you can generate a report that is ready to share with your tenants. Operating Expense reconciliation […]
How Do I Close Out a Loan in STRATAFOLIO?
With STRATAFOLIO, our Loan Dashboard helps track and give analytics on the performance of your Debt Service. Keeping it updated when your loan status changes helps keep STRATAFOLIO’s reporting accurate. Updating your loans when it is time to close them out is an easy way for a lender or investor to quickly see all of your […]
How to Add Contacts in STRATAFOLIO
STRATAFOLIO uses a single, centralized location for all contacts, so you never have to search in multiple places to find tenant or contact information. This makes it easy for everyone, from Administrators to Maintenance team members, to quickly reach the right person when needed. STRATAFOLIO does not support bulk uploading of contacts. All contacts must […]
