Multi-location CAM review worksheet

Multi-location CAM review worksheet

Multi-location review helps a CFO firm decide where CAM review time will matter most across a portfolio. Use it when a client has many leases, uneven support, and limited time before deadlines or close.

This resource is for fractional CFOs, controllers, CPA firms, and advisory partners that serve commercial tenants under their own brand. The client owns the lease obligation. The firm owns the review process. For this Portfolio review grid, CAMAudit can help organize source files and support paths, while the partner checks the math, source cites, client facts, and final wording.

The portfolio review grid shows location, landlord, and variance in one review path. It also keeps document readiness and review decision visible, so staff do not turn open work into a client conclusion.

Where this fits in CFO work

The portfolio review grid belongs near the close binder, forecast file, or advisory workpaper set. It should not live in a sales folder or a loose email chain. The finance team needs one place to see the lease rule, the landlord charge, the accounting entry, and the client decision.

For a fractional CFO, the risk is moving from location to client advice too quickly. The answer should wait until landlord, variance, and open support are checked. The Portfolio review grid gives the firm a calm way to show what the file supports today.

Portfolio review grid

Use this artifact as the working file for the review.

Keep the worksheet plain. If deadline risk is not final, label it "open." If document readiness needs follow-up, name the owner. If review decision affects what the client hears, leave the wording for partner review. Clear labels protect the firm better than polished wording.

Evidence packet

The packet should let another reviewer rebuild the same conclusion from the file. For this article, that means:

• Source support for location and landlord is saved with the review file.
• The worksheet ties variance to the lease, statement, AP detail, or GL detail.
• Billing size has a named owner instead of an inbox note.
• Deadline risk is marked final, open, or partner review pending.
• The file shows who owns document readiness and what support is still missing.
• The partner signoff note explains how review decision will be described to the client.

Missing support for landlord or variance is not proof of an error. It is a review condition. Keep it visible until the partner decides whether to request backup, change the finance note, pause the work, or move the issue into a separate client discussion.

Review rules

Use rules before anyone writes client language. They keep the work from turning into a guess.

• Do not move location forward without a source.
• Keep landlord separate from variance when the accounting treatment differs.
• Mark deadline risk as open when support is missing or stale.
• Send any client-facing statement about review decision to partner review first.

The preparer should not be the only reviewer. A second person should check the source path behind location, the support for variance, and the wording tied to review decision. In partner-led work, that reviewer is usually the engagement partner, fractional CFO, CPA, or controller who owns the client relationship.

Owner handoff

The controller owns the accounting support for variance and billing size. The fractional CFO owns the client decision tied to deadline risk. The partner owns scope, lease-based conclusions, and final language about review decision.

Use a short handoff note:

Prepared by: [name]
Client and location: [client, location]
Period reviewed: [period]
Artifact: portfolio review grid
Support reviewed: lease, amendments, reconciliation, AP detail, GL detail, backup
Open items: [support gaps or lease questions]
Decision needed: [book, reserve, request support, client call, counsel review]
Partner review: required before client delivery

The note does not need legal language. It needs enough detail for the reviewer to see the current location, the open deadline risk, and the decision tied to review decision.

Client-facing note

Use a short note that states the work performed and the limit of the current file.

We reviewed the portfolio review grid against the lease file, AP detail, GL detail, and landlord support available today.

The worksheet shows the current status for location, landlord, and variance.

Items marked open need landlord backup or partner review before the firm treats them as final.

This is finance review support. It is not a recovery claim.

If the partner later finds a supported issue, write that finding in a separate review packet. Keep the Portfolio review grid factual. Tie any finding to the source cite and calculation.

Common errors to avoid

Do not let location become a catch-all field. Do not call deadline risk an overcharge when the file only shows missing backup. Do not send landlord wording about review decision before the partner has reviewed the lease. Do not let a close deadline erase an audit-rights deadline.

The client gets advice from the firm. The firm uses its process, judgment, and review standards. CAMAudit supports the work behind the scenes, while the partner controls scope, communication, and final signoff.

Partner QC gate

The reviewer should answer these questions before the packet moves forward:

This QC step matters because Portfolio review grid work blends accounting, lease language, and client relationship judgment. The partner should be comfortable signing the final packet before the client sees it.

CAMAudit support role

CAMAudit can organize the lease, statement, AP, GL, and support trail behind the portfolio review grid. The partner still reviews the source cites, calculations, client context, and final wording. CAMAudit is the branded engine behind the review packet, not a replacement for professional judgment.

Internal links to use next

Use how annual CAM true-ups hit the books for accounting context.

Use why occupancy cost is not just rent when a client needs a plain explanation of occupancy cost.

Use the document collection checklist before you start the review.

Use the findings quality check before anything goes to the client.

Use the client presentation guide when the partner is ready to review and sign.