The Yardi Corom 4.8 release delivers a range of new features and enhancements across administration, lease management, lessee accounting, payables, and reporting. Below is a summary of the key updates.

Admin Enhancements

New Vendor Option for Custom Event Types
A new event type, Vendor Custom Event, is now available on the Custom Event Types screen. You can also configure notifications for this event type on the Notification Configuration screen. These custom events are displayed on the Lease Information screen for affected leases.
Navigation: Admin > Configuration > Custom Event Type

 

Lease Management Enhancements

Retail Breakpoint Steps Now Support Negative Charges
You can now enter a negative percentage in the Breakpoint Steps Percentage field on the Retail Setup screen. This allows for the creation of a negative charge during the retail overage calculation.
Navigation: Spaces > Leases > Retail Setup > Overage Formula

 

Support for Multiple Overage Formulas and Charge Codes
Yardi Corom now supports assigning multiple overage formulas to a single retail parameter, along with multiple charge codes per sales type.
Navigation: Spaces > Leases > Retail Setup > Overage Formula

 

Tax Calculation for Retail Overage and Recurring Payables (Domestic Only)
Domestic tax calculation is now available on the Create Recurring Payables (AP) screen, supporting retail overage and payable entries.
Navigation: Leases > Retail Setup & Charge Schedules / Finance > Retail Calculations

New Proration Option for Quarterly Billing
When setting a billing frequency to Quarterly on the Rent Schedule Setup screen, you can now select Period as a proration type.
Navigation: Spaces > Leases > Charge Schedule

 

Lessee Accounting Enhancements

Zero-Dollar Rent Option for PV and Amortization Alignment
You can now enter a rent amount of $0 on the Rent Charges screen. This enables accurate alignment between the Present Value and Amortization calculations.
Navigation: Finance > Lessee Accounting > Lessee Accounting Review

Automatic Identification of JE Setup and Amortization Types
The Journal Entry screen now displays the JE creation type (Setup JE or Amortization JE) in the Notes field of both the header and detail rows.
Navigation: Finance > Lessee Accounting > Create Batch Payable

Month Filter for Journal Entry Selection
New filter options on the ROU/Liability Setup JE and Amort/Depr JE screens let you select journal entries by month using the JE From Month filter.
Navigation: Finance > Lessee Accounting

 

Payables Enhancements

Company and Funding Entity Fields on Lease Information
The Lease Information screen now includes Company and Funding Entity fields. These fields appear after setup is completed by Corom technical support.
Navigation: Finance > Payables > Review Payable

 

Reporting Enhancements

Filter for Past Status on Custom Fields Report
A new filter for leases with a Past status has been added to the Custom Fields Report screen. The visual interface also aligns with other Corom filters for a consistent experience.
Navigation: Reports > Custom Fields Report

 

Persistent Filter Settings for Lessee Accounting Reports
Filter selections are now automatically retained when navigating away and returning to the following reports:

• GL Tie-out Report
• JE Detail Report
• Amort/PV Archive Schedule Report
• Amortization Schedule History
  Navigation: Reports > Lessee Accounting

 

Curious about how these enhancements can optimize your lease management and help you stay ahead of the curve? Schedule a personalized demo with our Yardi Corom team. We’ll walk you through the new features, show you the real-world impact on your workflow, and help tailor a solution that meets your specific business needs. Don’t miss the chance to elevate your lease management with Yardi Corom—book your demo today!