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Version 4.9c of Spectra for Windows released for distribution
November, 2004

In keeping with our 21 year commitment to annually enhance our products so as to keep our clients technologically current and competitive, Spectra is proud to announce the general distribution of major version 4.9c of SPECTRA for Windows.  All our Medallion Service subscribers automatically receive this upgrade as part of their Medallion Service program.

Since its introduction in 1996, SPECTRA for Windows, our 32 bit property management & construction software, has undergone a continuous and exciting evolution to become one of the most user friendly, flexible, comprehensive, powerful and cost effective solutions available for both fee managers and owner/managers.

SPECTRA for Windows
Release 4.9c incorporates new functionality and new reports in addition to numerous enhancements as recommended by our clients. Highlights of Release 4.9c include the following items with a special focus on our construction functionality:

Custom – Rent Roll - Format II - Bayco
This custom report is based on our standard Rent Roll – Format II with a few variations:

  1. Option to show rate per sq. ft.and YTD days vacant has been removed
  2. Unit type and rentable area always show instead of just one or the other

Job Cost – Project Cost Detail – Format II
This letter-sized report gives you the same information as the Project Cost Detail in a condensed format.

Job Cost – Project Cost Detail – Format III
This is a new report with the following columns:  Original Estimate, Revised Estimate, Accounts Payable and Paid to Date, Balance to Complete, Over Revised Estimate and Percentage Paid.

Job Cost – Project Cost Detail – Format IV
This new report provides the following information:

Job Cost – Project Cost Detail – Mesirow Stein
This new comprehensive legal-sized report provides the following information at the Cost Account level: 

Budget: Original Estimate (A), Change Amount (B), Revised Estimate (C=A+B)

Committed: Commitment (D), Change Amount (E), Revised Commitment (F=D+E), Anticipated Costs (G), Committed Costs (H=F+G), Budget less Committed (I=C-H)

Actuals to Date: Total Work Completed (J=K+L+M), Retention (K), Paid to Date (L), CurrentPay Request (M)

Variance: Cost to Complete (N=C-J)

Job Cost – Project Cost Trial Balance
This new report enables you to track costs on an accrual and cash basis for the current month, current year and the life of the project.

Job Cost – Commitment Listing – Mesirow Stein
This new report to print on letter-sized paper has the standard selection screen from the Commitment Listing with these modifications:  Original Commitment Amount plus Change Orders equals Total Committed.  The Previously Paid and Current Request does not include any Retention amounts.  The Balance to Become Due is the Total Commitment less the Previously Paid and Current Request Amounts.

Contact Master Listing – Paramount
This is a custom report, which will print all information from the Tenants’ Contacts tab, including contact names, phone numbers with extensions, etc.

Tenant Schedule of Rent – Madison
This custom report will display a schedule of rent based on the format of the Tenant Billing Information.  Custom column headings can be created and show all rents in effect for the selected period.

Supplier Payment Summary
This new report will be particularly useful in 1099 preparation.  Report options are:

Database Menu

Wizards – Single Family Housing Wizard
This program combines the Property and Tenant Setup Wizards plus the setup of the Owner information and all Lease Names in one wizard.  While it is designed for the single family housing market any number of units can currently be set up in this wizard. 



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