AME Overview

Accounting Month End (AME) is used to prepare eSite for a new accounting month by reporting exceptions so that you have an opportunity to correct, then closing the previous accounting period and opening the new accounting period. In addition, it logs resident ending balances and updates the property table with the current dates.

Similar to Preliminary AME (PAME), additional processes can be linked to this function so that they along with their specified reports automatically execute when the AME process is run. The following functions can be linked to this process:

Late Notices

Calculate Management Fees

Transfer to GL

Update Unit Type market rents during AME based on LRO lease rents and lease term