essentialsoforaclepropertymanager-summit2seaconsultingllp.ppt

Copyright ? 2002 by Bryan P. Eckle Click on the ‘Deductions’ button Num - Read Only line number From - Start Date Range of the Deduction period To - End Date Range of the Deduction period Group Date - Start Date of the Reporting Period. If the Reporting Frequency is Monthly then the Group Date would be the first of the month Account - General Ledger Accounting Code for the Deduction line for informational purposes only Amount - amount of the Deduction Copyright ? 2002 by Bryan P. Eckle The constraint pictured would cap rent payments at $5000.00 Click on the ‘Constraints’ button from the Variable Rent Periods Screen. Copyright ? 2002 by Bryan P. Eckle After re-calculation, notice that the amount changed to 5,000 due to the constraint. Copyright ? 2002 by Bryan P. Eckle After the VR has been calculated, click the ‘Review’ button Check the ‘Create Terms’ checkbox and save the record. This will kick off a concurrent request. Copyright ? 2002 by Bryan P. Eckle After the concurrent request is complete, re-query the record. The ‘Approve’ button will now become active. Click the ‘Term Details’ button to see further detail. If you are ready to approve the payment, click the ‘Approve’ button or change the status of the payment line to ‘Approved’ The payment will now be in the ‘Authorize Payments’ queue. Authorize the payments in the same manner as you would a base rent payment. Copyright ? 2002 by Bryan P. Eckle Lease Name Bryan’s Ski and Snowboard Alias BSSS-DEN Tenure Leased UOM SFT Gross 6000 Copyright ? 2002 by Bryan P. Eckle Navigate: Leases and Documents Variable Rent Enter Variable Rent New button New button Fill out the form as detailed below. Lease Details Name Bryan’s Ski Shop Number 1100 Class populated from the main lease Commencement Date populated from the main lease Termination Date populated from the main lease Location populated from the main lease Variable Rent Details Number 1100-VR001 Purpose Rent Type Percentag