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CAM Reconciliation Excel Template (Free Download)

An Excel spreadsheet with all CAM reconciliation formulas pre-built — pro-rata share, gross-up, cumulative and non-cumulative cap tracking, and true-up calculation.

Last updated: March 2026

Who This Is For

Property accountants who want Excel-based reconciliation with professional formulas and don't yet use dedicated reconciliation software.

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Pre-formatted Excel file ready to populate with your property data.

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What's Included

  • Input sheet: building info, occupancy, gross-up threshold
  • GL expense import tab (paste from any ERP export)
  • Expense categorization and exclusion worksheet
  • Gross-up calculation formula tab
  • Tenant roster with lease terms (SF, cap %, denominator)
  • Per-tenant CAM calculation worksheet
  • Summary tab: true-up amounts by tenant
  • Prior year comparison for cap validation

Key Features

Gross-up formula pre-configured (variable expenses only)
Supports up to 20 tenants
Cumulative cap carry-forward logic built in
Input validation to prevent formula errors

Frequently Asked Questions

What formulas are included in the CAM reconciliation Excel template?

The template includes pre-built formulas for: pro-rata share calculation (tenant SF ÷ denominator SF), gross-up (variable expenses ÷ actual occupancy % × threshold %), cumulative CAM cap with carry-forward logic, non-cumulative cap ceiling calculation, and true-up (annual obligation − estimated payments received).

How many tenants does the Excel template support?

The standard template supports up to 20 tenants. Each tenant has a row in the tenant roster tab with their leased SF, denominator definition, gross-up threshold, and cap percentage. For larger portfolios, CapVeri's software handles unlimited tenants from a single GL import.

Can I calculate CAM reconciliation in Excel?

Yes. Excel is the most common tool for CAM reconciliation at small to mid-size portfolios. The main risks are formula errors (especially in gross-up and cap calculations) and manual data entry mistakes from copying GL data. CapVeri's automated reconciliation eliminates these risks by importing GL data directly.

Skip the Template — Automate the Whole Reconciliation

Import your GL export from Yardi or MRI. CapVeri calculates pro-rata share, gross-up, and caps automatically — and flags the errors your current process misses.

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