#Abacus images download#

Abacus will match your submitted receipts and their associated transactions together. Other options to send receipts in are via e-mail and uploading.Ĭonnect Your Personal Card to Import TransactionsĬonnect your personal card if you will need to submit those transactions for approval. Step 4: Sync the new photo of your receipt to your Abacus account by swiping down on the home screen. Step 3: Tap the blue Camera button and take a photo of your receipt. Step 2: Login to the app with your Abacus username and password.

Step 1: Download the Abacus Mobile app on your smartphone.

#Abacus images download#

Download and Capture Receipts using the Abacus Mobile App Follow the steps in your Bank Account tab. If you will be submitting expenses to eventually be reimbursed for, you will need to connect your bank account to receive direct deposit reimbursement. Connect Your Bank Account for Reimbursement Inflationary pressures are having an impact on the cost of our debt book but with the hedging we have in place we anticipate the FY23 cost of debt to approximate 2.75%,” said Abacus’ CFO, Evan Goodridge.Is it your first time using Abacus or maybe you need a refresher? This article will lead you through Abacus best practices from logging in to submitting your first few expenses for approval. Pleasingly our weighted average cost of debt was 2.1% for the FY22 year. “Following an active year including strong valuation gains across the self storage portfolio, Abacus has a solid balance sheet with FY22 gearing of 28.7%. Trading conditions continued their positive momentum across our self storage portfolio and while Covid-19 related disruptions impacted our commercial portfolio performance in the first half, it was pleasing to see leasing momentum return in the second half.”Ībacus’ self storage portfolio EBIT contribution increased 57.5% to $109.6 million, portfolio valuation increased by $305.2 million or 15.8%, cap rates compressed 29 basis points to 5.45%, RevPAM increased by 16.1%, and passing yield was 5.5% on the established portfolio valued at $1.3 billion.įor the company’s commercial portfolio, EBIT contribution increased 10% on FY21 to $95.6 million, portfolio valuation increased by $40.3 million or 1.8%, and cap rates compressed 21 basis points to 5.33%. Mr Sewell also said: “Overall FY22 operating performance was solid, demonstrating the benefits of our portfolio diversification. Driven by a combination of investment management, active asset management and the development of our customer and brand management capability, Abacus is positioned to deliver on our vision to create exceptional value for our customers and stakeholders as an owner and manager of real estate and operator of storage locations,” said Abacus managing director Stevem Sewell. “The past several years has witnessed a material transformation of both our commercial and self storage portfolios. The company’s $2.6 billion self storage portfolio comprises 124 assets including 18 development sites and a $435 million development pipeline. The company said its portfolio is currently equally allocated between commercial and self storage.Ībacus’ proforma $2.6 billion commercial portfolio comprises a $2 billion office portfolio with 18 assets, and a $0.5 billion retail portfolio comprising two non-discretionary, grocery-anchored shopping centres and two further sites underpinned by mixed use fundamentals.

The acquisitions and joint ventures were funded with a combination of debt, proceeds from the divestment of $452 million of non-core assets, and repatriations from legacy residential business, and the $200 million equity raising undertaken in March this year.Īcross FY22, Abacus’ investments included the acquisition of 31 self storage stores and development sites for $526 million, 100% interest in 77 Castlereagh Street, Sydney, NSW for $252 million, a one-third interest in Myer Bourke Street, Melbourne, Victoria, for $135.2 million, and the remaining 50% interest in 324 Queen Street in Brisbane, Queensland, for $93.8 million.ĪBP also exited its remaining residential loan positions and in July 2021, settled on a development JV with Walker Corporation at 710 Collins Street, Melbourne, where Walker acquired a 50% interest for $56 million. Abacus has invested over $1.2 billion of capital (during FY22 and includes some post balance date transactions) into commercial and self storage.