WA Recalculation

With recalculation features, you can update the value on properties and generate totals and reports based on the updated values.

Recalculation features are used to recalculate property values at two different levels:

• Property level – Used to recalculate the total value of a property record after changes are made to the property record, such as the addition of improvement data (for example, the addition of swimming pool or patio information).
• System-wide level – Used t recalculate the values for multiple properties at the same time.

Purpose

Use this procedure to recalculate the total value of a property record after changes are made to the property record, such as the addition of improvement data (for example, the addition of swimming pool or patio information).

Prerequisites

• In order to perform this procedure, the following user right is required:
  • Property > Edit Property > Recalculate Property

Procedure

1. In PACS 9.0, open the property record for which you need to recalculate values.
2. Click Recalculate to recalculate the total value of the property record.

   

Purpose

Use this procedure to recalculate the values for multiple properties at the same time.

Prerequisites

• In order to perform this procedure, the following user right is required:
  • Activities > Recalculate All Property

Procedure

1. In PACS 9.0, choose Activities > Mass Maintenance (Property) > Mass Recalculation.
2. In the Recalculate Property dialog box, choose one of the following options:
   • All Properties
   • Select by Options
     • If you choose the Select by Options option, then select from the following check boxes as required and specify the values for each:
     • Property Type

       The type of property, such as real, personal, auto, mobile home, or mineral.

     • Neighborhood

       The neighborhood in which the properties are located.

     • Subdivision

       The subdivisions in which the properties are located.

     • Class

       Properties assigned to the classes specified will be recalculated.

       The class represents a way of grouping properties in order to compare like properties, for example: Class A – Office, Class B – Office, Class A – Retail, Class A – In-House Properties, and so on.

     • Tax Area

       The tax area to which the property area is assigned.

     • Group Code

       Group codes for which properties will recalculated.

     • Appraiser

       For appraisal cards and building permits, this option reflects the associated appraiser.

       For recalculation, this option recalculates the properties associated with the appraisers specified.

     • Last Modified

       Properties that fall within the date range specified in the Begin Date and End Date fields will be recalculated.

   • To enter a query with which to retrieve a group of property records to be recalculated, choose the Select by Query option. The do the following:
   1. Enter the query in the Query panel.
   2. Click Verify Query to verify the syntax. Then click Load Query.
3. Click Recalculate to recalculate the property values.

Purpose

Use this procedure to do one or more of the following activities:

• Recalculate property records within a batch.
• Print appraisal cards for property records within a batch.
• Print a report for a batch that reflects the change of value for the records within a batch. This report is useful, for example, when you need to check values changed on multiple property records after a mass update.

Procedure

1. In PACS 9.0, choose Activities > Mass Maintenance (Property) > End of Day.

   

2. In the Daily Batch End of Day Procedures dialog box, choose one or more of the following options:
   • Recalculate Properties – Recalculates records within a batch and displays the number of recalculation errors next to Error Count.

     Note If there are errors, the View button is enabled as shown above. Click View to display the Recalculation Errors dialog box, which contains information for each error. For example:

     

   • Print Appraisal Cards – Prints appraisal cards or field cards. Complete the following card printing options as required:
     • Include Sales Information
     • Include Income Approach
     • Include Sketch on Back
     • Include Sketch on Front
     • Print BP Report
   • Print Batch Report – Prints a report that reflects the change of value for the records within a batch.
3. Click Process.

Result

• If you selected Recalculate Properties, the properties are recalculation and the number of recalculation errors, if any, is displayed.
• If you selected Print Appraisal Cards or Print Batch Report, the cards or report are sent to your PACS inbox.