Project Admin Center - Project Setup - Components
In this article:
About Components
The Components menu item under Project Setup in the Project Admin Center allows a Project Administrator to add multiple phases or buildings to a project, which can be managed separately (including separate reporting). Once these components are set up for a project, Lasso users logging into the Inventory Center of that project will see multiple tabs - one for each component. Each tab will contain the units of the individual phase or building type, and sales and other inventory detail reporting will be by component only. This does not affect the registrant database in the Sales Center, which does not distinguish between components.
Components are set up in the Project Admin Center. Along with general information about the component including Name, Component Type, and Inventory Type, Project Administrators have the option of adding the following:
- Rescission Period - Number of days purchaser has to cancel contract
- Deposit Bond Company - Company providing deposit bond (companies must first be added in Component Settings)
- Property Tax - Dollar amount of property tax on the development
- Property Tax Date - Date property tax is due on the development
- Address - Address of development
To manage Components:
In the Project Admin Center, click Project Setup and select Components.
Add Component
1 - In the Project Admin Center, click Project Setup and select Components.
2 - Click on Add Component, complete the details on the right side of the page, and Save.
The following fields are required:
- Name: Component Name
- Component Type: Select Building, Community, Phase, or Tower from the dropdown
- Inventory Type: Select Condominium, Corporate, Home Sites, Master Planned, Resort, Single Family, or Townhouse from the dropdown
The following fields are optional:
- Rescission Period - Number of days purchaser has to cancel contract
- Deposit Bond Company - Company providing deposit bond (companies must first be added in Component Settings)
- Property Tax - Dollar amount of property tax on the development
- Property Tax Date - Date property tax is due on the development
- Address - Address of development
Update/Edit Component
1 - In the Project Admin Center, click Project Setup and select Components.
2 - Click on the Component that you would like to update.
3 - Update the details on the right side of the page as needed and Save.
Close Component
1 - In the Project Admin Center, click Project Setup and select Components.
2 - Click on the Component that you would like to close.
3 - Check the box beside Component Closed and Save.
Delete Component
1 - In the Project Admin Center, click Project Setup and select Components.
2 - Click on Delete Component.
3 - You will be asked if you are sure you want to delete the selected item(s). Click Yes.
Warning: Deleting a Component will permanently remove it from the Inventory Center. It is recommended that you close a Component that is not needed rather than delete it.