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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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Presentation on theme: "Keys to building effective Property Management solutions in 11i Richard Byrom Oracle Applications Consultant UKOUG Financials SIG – 14 th September 2004."— Presentation transcript:

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

2 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

3 Attract Tenants Property Management Administer Leases Manage Contracts Manage Occupancy Collection Payment Manage Construction New Malls Tenant Improvements Cost Recoveries Analyze Property Management Processes

4 Employees Lease Tracking Property Management Receivables Billing Schedule Payables Payment Schedule Purchasing Job Costing (Projects) Commitments Time & Expense Reports EDI outbound Supplier Invoices Assets Capital Costs Purchasing, Non Project CIP & Assets General Ledger Post Revenue Post Supplier Expense Post Cost Distribution Cost Recovery Invoices Post Depreciation & Asset Costs Property Management Solution

5 Landlord & Tenant Processes Strategic Property Decisions Utilize Space Administer Terms & Conditions Allocate/ Recover Costs

6 Real Estate Systems HR Systems Executives/ Accounting Landlords/Tenants Contractors Legal

7 PropertyAssignmentsAgreements Property Manager in 11i

8 CAD integration Land & Buildings Bldg Life Cycle Asset, Projects, Treasury CAD integration Land & Buildings Bldg Life Cycle Asset, Projects, Treasury Property Definition

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10 People Tenants Assets Projects Time dimension: past & future People Tenants Assets Projects Time dimension: past & future Assignments

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13 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

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15 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

16 Useful Links Download the Oracle Documentation CDs from back to version 11 – here you will find the Property Manager User Guide.http://otn.oracle.com/documentation _vision.htm Access the Publicly Accessible 11i Vision Instance at this site which contains some examples of how Property Manager should be implemented.http://www.solutionbeacon.com/tools _vision.htm

17 A Q &

18 Speaker Information Name : Richard Byrom Web Sites :


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