With an outstanding reputation for providing accurate and timely financial information, Donahue Schriber's 25-person asset management accounting team is skilled in accommodating both current needs and future requirements.

This precise, up-to-date financial information is made accessible via a high-speed, private Intranet from each shopping center office. Every month, a comprehensive accounting report is generated for each center -- a report that can be reformatted at any time upon a center owner's request.

Donahue Schriber's accounting operation uses MRI property management software for general ledger, accounts receivable and accounts payable functions. In addition to MRI, we utilize BUDGETRAC for our job-costing applications. Both MRI and BUDGETRAC are capable of expanding to address growing and changing asset management functions.

Generally, the monthly reporting package includes the following information:

	Current month balance sheet.
	Current month and year-to-date operating statement with actual versus budget comparisons.
	Notes to monthly financial statements addressing the actual versus budget comparisons.
	Minimum rent variance report, comparing the actual amount billed to a tenant to the amount budgeted to be billed. The report also includes the reasons why variances occurred.
	Percentage rent variance report, comparing the actual percentage rent billed to a tenant to the amount budgeted to be billed. The report also includes the reasons why variances occurred.
	Detailed schedules comparing budgeted amounts to both current month and year-to-date actuals. Schedules include detailed income, G & A expense, CAM expense, real estate taxes, insurance expense, tenant utility expense, tenant services, marketing expense, financing costs and depreciation expense.
	Schedule of year-to-date capital expenditures.
	Schedule of tenant and construction security deposits.
	Schedule detailing the allowance for doubtful accounts.
	Detailed equity schedule.
	Distributable cash and/or cash flow statement schedule.

	General ledger.
	Trial balance.
	Bank statements and bank reconciliations.
	Cash receipts/cash disbursement journals.
	Short-term investment confirmations.
	Accounts receivable aging report.
	Management fee calculation.
	Invoices that support capital expenditure items.
	Tax and insurance bills.
	Rent roll and expiration reports.
	Schedule of estimated earned and unbilled revenue.
	Special requests.