LAAMS is a Windows-based
application that is easy to learn and use.
On-line context-sensitive help
screens are available from anywhere within the program.
LAAMS automatically converts lease
year financial calculations to a fiscal year basis. The results
of these complex computations provide more usable information for
budgetary and financial purposes.
Operating Expenses can be broken
down as follows: Electricity, taxes, janitorial/maintenance, and
CAM/miscellaneous. Each area of Operating Expenses can be increased
at varying rates to provide a high degree of accuracy in projecting
costs.
LAAMS calculates financial lease
commitments for a lease term of up to 15 years. LAAMS will also
calculate the minimum lease commitment.
Base Rent and Operating Expenses can be calculated using two different
rates in one lease year.
Yearly payments to landlord for
above standard leasehold improvements are automatically amortized
by inserting the interest rate, number of years and dollar amount.
Leasehold improvements can also be included as an expense to be
paid anytime during the lease.
Built-in Present Value formula
to automatically calculate Discounted Cash Flows on both Lease Maintenance
and Lease Analysis Cash Flow Reports. Present Value is calculated
on a monthly basis for accuracy.
Includes a method for tracking
actual monthly payments for accurate record keeping.
Monthly payments can be broken
down into individual expense categories.
Monthly expenses can be charged
back to individual Cost Centers.
Concise reporting system - no unimportant
information is input into the system. Reports contain usable information
in an easy to read format.
All reports are preformatted -
there is no need for additional commands or printer setups.
All reports can be previewed before
printing.
Lease option dates are tracked
and reported for effectively planning upcoming responsibilities.
Total dollar commitment is reported
on a fiscal year basis.
Summary Comparison Report in the
Lease Analysis System will compare the financial merits of competitive
buildings on an "apples-to-apples" basis.
The data for LAAMS is stored in
a database format that can be imported into many other software
programs including report writers. This flexibility simplifies creation
of tailor-made reports to meet specific needs.
