E1: 15: Year End Override Annual Adjustment To Compute Based on Period for Method = 1 for Sales Overage Generation (R15120)
Last updated on MAY 31, 2016
Applies to:JD Edwards EnterpriseOne Real Estate Management - Version 9.1 and later
Information in this document applies to any platform.
Sales Overage Information is setup with computation Method = 1 (i.e. By Period) and with regular rent. If the generated sales overage billing for one or more months falls below the minimum rent, no amount is billed for the period which is correct. However, for year end override, if the reported sales amount for those months are adjusted (e.g. due to audited purpose) the annual adjustment calculated by the system is NOT considering the PER PERIOD billing. Instead the sales amount are summed up to get the cumulative total and then compared it against the previously billed amount to get the adjustment.
For example, total "Prior Gross Billing" for the entire year is $11,200,000.00 and the adjusted sales overage billing is $11,270,000.00, system bills the difference of $7000 (based on 10% of $70000). The expectation is that system should compare the adjusted billing month by month since the computation method is 1 - Each Period.
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