Enhancements
C. Due Reports
D. Other enhancements
Base Rent
With Rest 3.6 the concept of Annual rent for properties has been changed. Now user can specify the rent of properties as follows: per Month, per Year, per Sq. ft for month, per Sq. ft for year.
So the calculation of Annual Rent will be based on Property rent and base rent.
Ex. 1. Rent for unit 101 is 2,000.00
And
base rent is per
month
So
the Annual Rent will be 24,000.00
2. Rent
for unit 501 is 65.00
Area of unit 501 is 2,500 sq ft.
And
base rent is per
Sq. ft for year
So
the Annual Rent will be 162,500.00
3. Rent
for unit SH 001 is 25.00
Area of unit 501 is 1,000 sq ft.
And
base rent is per
Sq. ft for month
So
the Annual Rent will be 300,000.00
In Agreement Wizard the Annual Rent will be calculated according to base rent settings.
Top
Consider Due
There are situations
where a cheque is bounced and replaced with new one, but still the old
bounced cheque is showing in due reports, or the Cheques that are returned
to tenant and still showing in due reports. In Rest 3.6 these are sorted
out with contented solution.
In Cheque Installment States (Tools menu – as
shown) user can specify which states are to be considered as Due, like Bounced,
Not Yet Received, On Hold – user can mark it as “Consider Due”. So in installment due reports user will
get only those types of installments that are “Considered as Dues”.
In
the case of “Bounced” cheque, if it is replaced with new one, you can
mark the old one as “Replaced”, by editing the Receipt.
Due Reports
New
report form added for due reports. Two kind of due reports available:
Installment dues and Agreement dues.
Installment Dues
Will
show all the installments that are due. You can specify Due date between,
receipt date between, and/or cheque date range. This will not show the dues
that are already replaced with new installments.
Agreement Dues
This reports shows agreement details of each unit by property and total
Amount paid and Due.
Other Enhancements
o
The unit and property
search has been modified with Base Rent.
o
Search Installments
modified with “Due Installments” and “Replaced” options.
o
Properties – Unit tab
modified to show the base rent
o
Tools – Options user
can specify the default “Base Rent”. When adding unit/property the default base
rent will be used.
o
Tools – General
Database info – print button. To print all the master data, like Rent Mode,
Maintenance Types, Payment State etc.
o
Report
s/installment/units form modified – “Show Due Installments only”
o
Reports/installment/Chques
form modified – “Show Due Installments only”
o
Reports/Unit/Range –
reports are modified to show Base Rent and Area.
o
Other reports have been
enhanced and more options has been introduced.
EOF
April 25, 2002