What's New

In addition to general editorial changes and corrections, this release of the documentation contains the following main changes included in the release of 2024.R3:

General

To improve usability and increase efficiency, the application menu has been reorganized.

Real Estate Management

Nakisa Portfolio Management Suite now supports manual evergreen scenarios (month to month contracts after the contract's end date) for the IFRS 16/ASC 842 compliant mode of operation only.
Nakisa Portfolio Management Suite now supports the sales tax functionality for standalone systems (disconnected from SAP). Additional Financial Organization Structure configuration is required.
Sub-premises can now have separate occupancies to that of the head premises.
You can now export the mass percentage rent export, and download the report from the Mass Exports page in Data Management.
You can now create percentage rent charges for the entire mass percentage rent report at one time instead of creating charges one at a time.
To facilitate budgeting and planning, you can now create a simulated Financial Obligations Report based on assumptions to predict future amounts for your expenses.
Scheduled payments now support receivable payments for sub-leases.
The following enhancements have been made to batches:
- Batches now show a preview of tax amounts before payments are posted. The tax amounts are then updated once the payments have been posted.
- The following columns have been added to the batch report to support the tax functionality:
  - "Tax Jurisdiction"
  - "Amount before Tax"
  - "Tax Amount"
  - "Amount after Tax"
- Batches now display the principal position in the listing page, batch identification, and in the exported batch report.
From the Import Report, users can now navigate right away to their created entities by clicking on the associated link.
The "Initial Data" import template now supports uploading of location operating cost periods and expenses.
The new Notes option for user defined fields has been added. The Notes option allows users to enter large amounts of text up to 13000 characters.
The contract summary now displays location vendors and percentage rent conditions.

Dashboards and Reports

The following reports have been added to the Reports module:
- Landlord Listing Report: Provides a list of landlords per location to assist with monthly reporting.
- Lease Expiration Report: Tracks contracts that are expiring to help manage lease renewals and minimize vacancy risks.
Users can now save a defined set of filters as a filter profile. This profile can be easily selected in reports, landing pages, and dashboards to save time on repeatedly selecting filters.