The Kardin Budget System is an operational tool designed for property managers. As the “captain of the ship” for their properties, managers have first hand knowledge of the leasing and expense assumptions that produce their operating budgets. Kardin has all the features and functionalities that they need for budgeting and re-forecasting as well as calculating operating expense estimates and reconciliations. While many features are common for all property types, Kardin has built-in business specific tools for office buildings, industrial sites, multi-building projects, multi-family properties, and retail centers.

Kardin integrates with the major accounting packages used in the real-estate industry such as MRI, Yardi, JDE, Timberline, Skyline and others. As long as data can be exported into an Excel format, Kardin can import it. Our Batch File Maker (a free utility) allows you to import large quantities of accounting data and will create Kardin files already populated with the most current information.

Once a budget file is setup in Kardin, all of the calculated items are dynamically linked, which means that if expenses or occupancy changes, Kardin updates the affected line items and recalculates the NOI automatically. When the budget has been completed and approved, it can be exported into an Excel report that is ready to be imported into the property management system. This can also be done with the Kardin Consolidation System for companies who wish to import many completed budgets at one time. Kardin can also create an Argus (.aif) file which will populate the rent roll and current expenses of an Argus file for 10-year cash flow.

Kardin provides the most comprehensive set of reports in the Real Estate Industry. We have created our reports based on the feedback and suggestions of the largest and most sophisticated property and asset management companies in the nation. Most of the reports in Kardin have multi-layer backup schedules that allow you to see exactly what information was entered in the budget and how the final numbers were calculated. In today's reporting-intensive environment, this is a critical factor.

Kardin Budget System
There are two ways to use the Kardin Budget System.  Our Single Building License is used to create budgets and reforecasts for stand-alone properties. The properties can be office, industrial, retail or mutli-family.  Our Multi-Building License is used to create budgets and reforecasts for multi-building properties that have expenses that need to be allocated to the different buildings. These properties are typically represented by office/industrial business parks. Users of the Multi-Building License can create both single building budgets and multi-building budgets.

Kardin Consolidation System
This product allows owners and asset managers to consolidate the various budget files that have been prepared by the managers. This can include single building files, multi building files and other consolidation files.

Kardin Batch File Maker
This utility allows companies to generate all of their Kardin files from a single accounting export.  The files created can be either budget or reforecast files, and they can be populated with both leasing and financial data.  This saves a great deal of time when implementing Kardin.

Kardin COA Utility
This utility is used to automate changes to a file's Chart of Accounts.  For example, if a property has changed ownership and the COA needs to be converted.