London Computer Systems (LCS)

Rent Manager CAM Reconciliation Setup Guide

How to configure CAM reconciliation, export data, and avoid common mistakes in Rent Manager.

CAM Module

Commercial Charge Manager / CAM Reconciliation Utility

Module Navigation

From the main menu, go to Charges > Commercial Charge Manager. Select the property and configure CAM pools. For reconciliation, navigate to Tools > CAM Reconciliation Utility. Rent Manager separates pool setup (Charge Manager) from reconciliation execution (Utility).

Recovery Pool Configuration

Under Commercial Charge Manager > Pool Setup, create CAM pools by assigning GL expense accounts. Each pool supports pro-rata allocation by rentable or usable square footage. Gross-up is configured per pool with a 'Minimum Occupancy' field that sets the threshold. Rent Manager supports cap tracking per pool with both cumulative and compounding cap types.

Charge Code Setup

Under Setup > Charge Types, create commercial charge types for each recovery category. Link charge types to CAM pools. Set the billing cycle (monthly, quarterly, annual) and estimate calculation method. Rent Manager's 'Auto-Estimate' feature calculates monthly estimates from the prior year's actuals or a manual budget amount.

Export Procedure for CapVeri

Go to Reports > Accounting > General Ledger Detail. Filter by property, date range, and GL account range for CAM expenses. Export to CSV or Excel. Rent Manager also has a CAM Reconciliation Report under Reports > Commercial that shows pool-level actual vs. estimated breakdowns — export this for a reconciliation-ready format.

Common Mistakes to Avoid

1

Confusing the Commercial Charge Manager (setup) with the CAM Reconciliation Utility (execution) — they are separate modules

2

Not running the CAM Reconciliation Utility after year-end close, relying on manual calculations instead

3

Setting the 'Minimum Occupancy' gross-up threshold to 0%, which effectively applies gross-up to all expenses regardless of occupancy

4

Not updating pool GL account assignments when the chart of accounts is restructured

5

Forgetting to verify that tenant square footage in the lease record matches the actual lease agreement

How Rent Manager Works with CapVeri

Export the GL Detail Report or CAM Reconciliation Report as CSV. Upload to CapVeri for independent validation. CapVeri auto-detects Rent Manager's CSV column format and maps property, account, and amount fields automatically.

About Rent Manager

Rent Manager is popular among mid-size PMCs managing mixed portfolios (residential + commercial). Its CAM Reconciliation Utility is more capable than Buildium's manual approach but less sophisticated than Yardi or MRI. The dual-module approach (Charge Manager + Reconciliation Utility) can cause confusion for new users.

Validate Your Rent Manager Exports

Export your GL data from Rent Manager as CSV. Upload to CapVeri for automated CAM reconciliation validation — catch gross-up errors, cap violations, and allocation mistakes before tenants find them.

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