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Management: Are Spreadsheets Still A Positive In Your Operations

Thursday, May 14, 2015 | by prasystem |

In the early 1980’s most budgeting and analysis was being done on 16 column accounting pads with a pencil and eraser. As we moved through the 80s the first spreadsheets appeared. Slowly but surely a transformation took place that changed…
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Reserve Management: Not the Nightmare Everyone Thinks It Is

Friday, October 10, 2014 | by prasystem |

While the Vacation Ownership industry has changed and matured over the past generation, a majority of the industry is unaware that the task of reserve management is no longer the expensive or tedious task that it once was. To refresh…
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Reserves: No Standards for Calculations or Reporting

Tuesday, May 14, 2013 | by prasystem |

After more than two decades of review and re-calculating numbers in reserve studies, it is conclusive that there is a range of different financial results being produced by reserve study companies. At the end of the recent CAI National Conference,…
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Reserves: A History of An Un-Unified Understanding?

Tuesday, January 15, 2013 | by prasystem |

With the introduction of common-interest-developments some 50 plus years ago, came the requirement of Reserves: the long-term maintenance and replacement contribution plan for the common areas. At this time the personal computer and spreadsheets did not exist. Common area reserve…
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RMP: Annual Update Only Takes 10 Minutes?

Tuesday, February 28, 2012 | by prasystem |

This is an Annual 10 Minute Update Solution for those avoiding the tedious task of initially producing and annually updating a Reserve Management Plan. This solution/method will still produce the needed support for the annual reserve budget and cash flow…
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Beyond the Reserve Study…

Friday, January 13, 2012 | by prasystem |

Reserve Studies of some shape or form have been done for over half a century now for many common-interest-developments, timeshare and other types of properties.  Prior to that, we surmise in some scenarios, like Mayan culture, Mesopotamia or even Machu…
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Reserve Management Plan – Unit Interiors

Monday, August 01, 2011 | by prasystem |

Producing a Reserve Management Plan for Vacation Ownership unit interiors is usually a long and tedious exercise that potentially has no end in sight. Usually the easiest way to tackle any exercise is to do the hardest part first. When…
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The Responsibility of HOA Reserve Reporting: Deciphering California Civil Code Article 1365

Thursday, May 05, 2011 | by prasystem |

It is a little known fact that the preparation of a common-interest-development reserve study is not required to be done by a third party, section 1365.5 (e) – “At least once every three years, the board of directors shall cause…
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Recent Posts

  • Management: Are Spreadsheets Still A Positive In Your Operations
  • Reserve Management: Not the Nightmare Everyone Thinks It Is
  • Reserves: No Standards for Calculations or Reporting
  • Reserves: A History of An Un-Unified Understanding?
  • RMP: Annual Update Only Takes 10 Minutes?

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