Inputs & Library

Operating Expenses

Edit the expense ledger — amounts, bases, reimbursability — and see the recovery pools they feed.

OpEx (⌘4) is the expense ledger. The header rail shows Y1 OpEx in dollars and $/SF, the OpEx ratio (% of EGI), and the recovery ratio — so an expense edit shows its reimbursement consequence immediately.

The Operating Expenses ledger: rows with category, expense line, Y1 amount, $/SF, basis, % fixed, reimbursable toggle, and source; a computed Management Fee row; Recovery pools section below. — Fig 01Six lines, each marked Source: captured — extracted from the operating statement. The Management Fee row is COMPUTED (% of EGI) and not directly editable.

Each row: Category (Repairs, Utilities, Insurance, Taxes…), the expense line name, Y1 Amount, computed $/SF, Basis ($ Amount or % of EGI), % Fixed (the share that doesn’t scale with occupancy), Reimb. (whether tenants can recover it), and Source — where the number came from.

Common edits

Change an amount — click, type, Enter. Growth applies from the Assumptions Expense Growth rate unless a line overrides it.
Make a line non-recoverable — untick Reimb.; the recovery ratio in the header moves instantly.
Add a line — + Add expense. Delete with the ×.
Find a line — the Find expense line box; View · Flat ledger and Filter reshape the table.

Recovery pools live here too

Below the ledger, Recovery pools lists which pools each expense line feeds. Membership is edited in Recoveries → pool inspector — the Manage pools button jumps there. See Recoveries.