Reimbursement - Pro Rata
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Reimbursement - Pro Rata
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A Latin phrase meaning "in proportion", this is a method of expense reimbursement whereby a tenant is responsible for a portion of a building's expenses based on how much of that building they occupy.
Reimbursements in CashFlow:
Click Rent Roll in the left navigation bar. | |
Click an existing entry in the table. | |
Click the Reimbursement Structures tab. | |
Click an existing Reimbursement Structure from the list. In the Structure Details section, select one of the following from the Type drop-down menu:
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Make a selection from the Pro-Rata Area drop-down menu. |
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