How to Set Up Oracle Property Manager Variable Rent with an Annual Maximum?
(Doc ID 2772575.1)
Last updated on MAY 10, 2021
Applies to:Oracle Property Manager - Version 12.2.6 and later
Information in this document applies to any platform.
How do I set up a non cummulative Variable Rent in Property Manager with an annual maximum rent?
For example a lease with an annual cap:
1. January - 100K
2. February - 150K
3. March - 100K, but PN should only bill $50K because it has reached the annual cap of $300K.
4. April - 300K, but PN should bill zero since the annual cap was reached in March.
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