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Keys to building effective Property Management solutions in 11i
Richard Byrom
Oracle Applications Consultant
UKOUG Financials SIG – 14th September 2004
• Property Management Processes• The Oracle 11i Property Management Solution• Implementation Issues• Useful Links• Questions and Answers
• Property Management Processes• The Oracle 11i Property Management Solution• Implementation Issues• Useful Links• Questions and Answers
Agenda
Attract TenantsProperty Management• Administer Leases
• Manage Contracts
• Manage Occupancy
Collection
Payment
Manage Construction• New Malls
• Tenant Improvements
Cost Recoveries
Analyze
Property Management Processes
Employees
LeaseTracking
PropertyManagement
Receivables Billing
Schedule
Payables PaymentSchedule
Purchasing
JobCosting
(Projects)
Commitments
Time &Expense
Exp
ense
Rep
ort
s
EDI outbound
Su
pp
lier
In
voic
es
Assets
Capital Costs
Purchasing, Non Project
CIP & Assets
GeneralLedger
Post Revenue
Post SupplierExpense
Post Cost Distribution
Cost Recovery
Invo
ices
Po
stD
epre
ciat
ion
& A
sset
Co
sts
Property Management Solution
Landlord & Tenant Processes
Strategic PropertyDecisions
Utilize Space
Administer Terms & Conditions
Allocate/Recover Costs
Real Estate Systems
HR Systems
Executives/Accounting
Landlords/TenantsContractors
Legal
Property Assignments Agreements
Property Manager in 11i
• CAD integration• Land & Buildings• Bldg Life Cycle• Asset, Projects, Treasury
• CAD integration• Land & Buildings• Bldg Life Cycle• Asset, Projects, Treasury
Property Definition
• People• Tenants• Assets• Projects• Time dimension: past & future
• People• Tenants• Assets• Projects• Time dimension: past & future
Assignments
• Lease abstract– Options, Dates, Milestones– Proration, FASB 13 accounting– Integration with Oracle Payables & Oracle Receivables
• Index Rent• Variable Rent
• Lease abstract– Options, Dates, Milestones– Proration, FASB 13 accounting– Integration with Oracle Payables & Oracle Receivables
• Index Rent• Variable Rent
Agreements
Implementation Issues
• Business Case needs to be established• Implementation Timing• Data Take-on and Interfaces• Lease Agreement Documentation• Mix of Receivables/Payables• Recoveries interface to GL.• Reports
Useful Links
• http://otn.oracle.com/documentation Download the Oracle Documentation CD’s from 11.5.9 back to version 11 – here you will find the Property Manager User Guide.
• http://www.solutionbeacon.com/tools _vision.htm Access the Publicly Accessible 11i Vision Instance at this site which contains some examples of how Property Manager should be implemented.
AQ&
Speaker Information
Name : Richard Byrom
e-mail : [email protected]
Web Sites :
http://www.richardbyrom.com
http://www.oracleappsblog.com
