Overview
Rental Schedule Increases allow a Sundry Charge with a Tax Type set to Rent, to be scheduled for an automatic increase on a predetermined date.
This ensures that charges adjust seamlessly without manual updates.
Extra Information
Selecting ProRata will enable RMS to calculate the appropriate rental fee for Repeat Charges where the new effective date is within an existing roll-forward period.
Repeat Charges setup to 'Use Amount from Sundry' with this Sundry Charge will automatically apply the rental increase for the date setup.
Repeat Charges with a manually set amount will not be affected by any Rental Schedule Increase that has been entered. This means that manually entered amounts will remain unchanged, even when a scheduled increase is applied.
Guide
Go to Setup > Accounting > Sundry.
- Select the required Rental Sundry Charge and choose 'Edit'.
- Navigate to the Rental Schedule tab.
- Select Add.
- Enter the Effective Change Date.
- Enter the Amount.
- Select Save/Exit.
- Select if ProRata is required for the Effective Date.
- Select Save/Exit.
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