The procedure to view the details of a service charge administration rule is as follows:
Note
1 The Search Groups field will match against any element of the service charge group description.
Field |
Description |
Minimum period admin charge per asset |
The minimum administration fee levied to a tenant irrespective of the tenancy duration. |
Maximum period admin charge per asset |
The maximum administration fee levied to a tenant within the accounting period, typically annually. |
Lower service charge threshold |
The minimum service charge value below which administration fees do not apply under this rule. |
Upper service charge threshold |
The service charge value above which no further administration fees are applicable under this rule. |
Percentage |
The percentage rate applied to each valid cost element within the service charge group, used to calculate the overall administration fee. |
Fixed Amount |
The flat rate fee levied for the administration charge. |
See related topics...
Service charge group maintenance overview