Follow the steps below to create a commercial unit:

Go to Property Management > Property.

Step 1: Create a property

• Click ‘+New Property‘
• Property Name & Address
  • Enter the property details: Name and detailed Address (you can search the address and it will be filled automatically)
  • Click Next
  • Select the property type as ‘Commercial.’
• Property Contact Info
  • For CAM calculation
    • Type the ‘Area For CAM Calculation’ in sqft of the property.
    • Select the Calculation Method
      • Set $/Area- Will not take into account the property area.
      • Manual Base$- Will take into account the property area.
    • Select the Commercial Rent Tax (tax rate depends on the area of your property)
    • Click Next
• Property Default Operating Account
  • Select the Default Operating Account (you can add a new Account here too)
  • Auto-generate Rental Invoice Turn On or Turn off (‘Rental Invoice’ will be generated automatically if you turn it on, or else it won’t) 
  • Select the Property managed by
  • Click Next
• Review Property Info & Submit
  • You can review all the information provided and make sure everything is appropriate.
  • Click Submit

You will be prompted for ‘successfully creating a property’ and asked to add a single unit.

Step 2: Add Commercial Uni

To add a commercial unit, click ‘Yes, let’s add a single unit.’

Fill in the Unit Information:

• Unit Number
• Check ‘This is a commercial unit?‘
• For Commercial Rent Calculation, provide:
  • Unit Area (sqft)
  • Yearly Rate ( /sqft)
• Add the Total Number of Rooms and Number of Washrooms
• Click Submit

The Unit is created. This is a Commercial Unit, shown on the top right, and its status is Active.