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Lucid Reserve Study 1.03.0012


Description of

Lucid Reserve Study


Lucid Reserve Study is a simple budget manager. Are you responsible for creating the reserve study for your homeowner's association? Do you want to check the numbers provided to you by your management company? Do you want to experiment with different numbers in order to see if you can reduce your monthly homeowner association fees? If you said 'yes' to any of these questions, this reserve study program is for you!Lucid Reserve Study Features:Reserve Summary Information:1. Enter information about your homeowners association in order to determine your total reserve dollars.2. Enter Fiscal Year Ending Date3. Enter the anticipated rate of inflation4. Enter the anticipated percentage of return for invested reserve money5. Enter the Reserve Balance at the beginning of the year6. Enter the the anticipated annual reserve contribution (use the supplied calculator)7. Enter the number of houses or units that will be maintained and assessed8. Please refer to the Reports section for detailed information on the available reportsCalculate Annual and Monthly reserve contributions:1. Use the convenient calculator to see how much money will be placed in the reserves per month and for the year.2. Based on monthly assessments, calculate how much of the monthly dues will be placed in the reserve fund3. Calculate an estimated minimum monthly dues payment based on projected expenses and reserve study requirementsReserve Detail Information:1. Enter detailed information for each expenditure that the association will encounter for the 30-year period.2. Enter the internal Account Number and Component Description for each maintenance item3. Enter the anticipated Replacement Cost based on todays dollars4. Enter the Year that the item was first installed or last replaced5. Enter the anticipated Life Expectancy of the Component in years6. The Estimated Years Remaining will be automatically calculated based on the year the Component was put into service and the Component Life Expectancy7. When a Component is first added, the user may specify the sort sequence for use in the reports8. Please refer to the Reports section for detailed information on the available reportsExpense Item Information:1. Enter detailed information for each recurring expense that the association will encounter for the current fiscal year.2. Enter the internal Account Number (optional) and Expense Description for each expense item3. Indicate the frequency of the expense (monthly, yearly, etc.) so that monthly and yearly totals can be calculated4. Please refer to the Reports section for detailed information on the available reportsMulti-Association Version:Lucid Enterprises now offers a Multi-Association version of the Lucid Reserve Study. Up to 5 different Associations may be managed with this version of the software. This version of the program works just like the single-association version, except that the user may track up to 5 associations. Reports will be printed with the appropriate association name on the top of each page.Additional Features: Additional product features are available through Lucid Enterprises Computer Consulting services.Reports: Several reports are available that may be viewed, printed or exported to Microsoft ExcelLimitations:* Can not save records


Published by: lucid-enterprises.com
Downloads: 429
File Size: 18.9 MB
License: Shareware
Product Homepage: Visit lucid-enterprises.com
Release Date: 24 August, 2012
OS: Windows
Download Location: Primary Download Link Broken? Report it!


Lucid Reserve Study 1.03.0012 Download Tags:
Professional Consulting Services    Custom Software Products    Pre-Packaged Application Consulting    Customer Testimonials

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