E1: 15: Requesting a New Escalation Calculation in Escalation Generation (R15150) For Year Two of Lease
(Doc ID 1662974.1)
Last updated on FEBRUARY 01, 2019
Applies to:JD Edwards EnterpriseOne Real Estate Management - Version 9.0 and later
Information in this document applies to any platform.
Need a new escalation calculation for the R15150 Escalation Generation. For Example: Year 1 rent is not escalated, but is escalated prior to the 2nd year calculation. Then in year 2, the escalated rent from year 1 is multiplied by the annual index for the term. The term is 2/1/xx to 1/31/xx to arrive at the escalated rent. Year 1 base rent is then subtracted from the year 2 escalated rents to arrive at the new escalation amount. (Not to combine the escalation with the base rent)
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