AllCaps reconciles management fees, reimbursable expenses, non-reimbursable exclusions, vendor markups, rebates, and gross receipt calculations.
Green means fee base, expense class, markup, and rebate pass-through reconcile.
Property management agreements govern both fees and what the manager can pass through. The statement needs to be checked against both.
Verify management fee calculations and incentive terms.
Separate reimbursable from non-reimbursable expenses.
Track vendor markups and rebate pass-throughs.
A manager can classify an expense as reimbursable even when the agreement says it is included in the management fee.
AllCaps maps each statement line to the contract category and checks whether the fee base is right.
Property statements create trust through routine. The contract still decides what can be reimbursed.
The exception documents the classification and the owner impact.
Vendor markups shall not exceed 5% of the underlying third-party invoice without prior written owner approval.
The roll-up shows clean properties, classification issues, and rebate pass-through gaps.
That gives ownership a consistent view of manager compliance.
We turn the economic terms in the property management agreement into rules: rates, thresholds, caps, credits, formulas, and exceptions.
Invoices, statements, usage files, claim data, settlement reports, and performance records run against those rules as they arrive.
Green means in line. Anything else is surfaced with the clause, calculation, period, and counterparty-ready support.
We encode fee basis, reimbursable expenses, non-reimbursable exclusions, vendor markup caps, and rebate pass-throughs, then reconcile monthly statements.