To recalculate points based rent charge elements for an asset

The procedure to recalculate points based rent charge elements for an asset is as follows:

1. Using the global search facility, type in the first few characters of the asset address 1.
2. Double-click on the row containing the exact record match. Where the expected record is not listed, a more advanced search can be conducted using the spy-glass icon ().
3. Click on Asset Details. The Asset Details window is displayed for the current asset.
4. Click on Rent Details. The Asset Rent Details window is displayed.
5. Click on Charges. The Charges tab is activated.
6. Click on Recalculate Pointed Rents. The Recalculate Pointed Rents window is displayed, revealing all asset charges linked to points based elements, where the Current Base Charge differs from the Revised Base Charge. By default, the Include tick box is active for all displayed charges 2.
7. Choose an Effective From date for the recalculation i.e. the date on which the updated points based charges for the asset come into effect.
8. Click on Confirm. The revised points based charge values appear as new rows in the Charges summary table.
9. Click on Save.

Note

1 The search facility will return all possible matches for any corresponding address field once the Number of characters before an automatic search commences system preference is reached.

2 Individual charges can be excluded from the recalculation simply by de-activating the Included tick box.

See related topics...

Rents setting management overview

To view the points based rent charge elements for an asset

To create a new rent charge element

To define rent point calculation fields

Using the search facility