Property settings are settings that can be applied to an individual property that enhance your experience using Happy Asset: CapEx & Renos. These settings will automate certain actions and increase efficiency using our system.

 

How to access property settings?

Step 1: After selecting a property, navigate to the bottom of the left-side menu and select Property Settings

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Overview

The Overview section allows you to define key information about your property

 

General

  • Name
  • Legal Name
  • Primary Type (e.g., conventional)
  • Property Class (e.g., A)
  • Year Built
  • Year Remodeled 

Unit Information

  • Number of Residential Units
  • Number of Commerical Units 
  • Leasing Status (e.g., stabilized)

Ownership & Management

  • Ownership Group
  • Management Company

Investment Information

  • Investment Strategy (e.g., value add)
  • Target Disposition Date
  • Disposition Date

 

Property Defaults

 

What settings can be applied to a property?

Currently, our property settings include the ability to:

  • Assign an Asset Manager for the property
  • Set a Default Assignee for projects at a property
    • This will ensure every new project that is created is automatically assigned to this user
  • Set a Chart of Accounts for the property
    • This will link the property to your selected Chart of Accounts and allow the assignment of GL Accounts to capital projects, unit renovations, and fixed assets.

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Assigning an Asset Manager for the property

Step 1: From the property settings page select the ‘Assign Role’ button and a side window will open

Step 2: Select ‘Assign Role’ and choose a user from the drop-down to assign them to the property and finalize by clicking ‘Save’ at the bottom of the window.

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Assigning a 'Default Assignee' for each project created for the property

Step 1: From the property settings page select the ‘Assign Default Assignee’ button and a side window will open

Step 2: Select ‘Assign Role’ and choose a user from the drop-down to assign them to the property and finalize by clicking ‘Save’ at the bottom of the window.

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Set a Chart of Accounts for the property

Step 1: From the property settings page select the 'vertical three dot icon'

Note: you must have created a Chart of Accounts for your business before it can be linked to a property.

Step 2: Select a Chart of Accounts from the drop-down and hit 'Save' to link the Chart of Accounts to the property. When a capital project or unit renovation is created, the GL codes that are assignable will come from this Chart of Accounts.

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