Keys to building effective Property Management solutions in 11i Richard Byrom Oracle Applications...
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Keys to building effective Property Management solutions in 11i Richard Byrom Oracle Applications Consultant UKOUG Financials SIG – 14 th September 2004
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Transcript of Keys to building effective Property Management solutions in 11i Richard Byrom Oracle Applications...
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
