Percentage Rent Schedules

These pages display forecasted and actual percentage rent due:

• Percentage Rent (Single BP) Schedule

• Percentage Rent (Multi BP) Schedule

You can also Process Percentage Rent from these pages.

1. Navigate to Contract > Payment Info > Percentage Rent.

   Use the links in the Navigation Pane on the leftmost side of the page.

2. To accurately represent your percentage rent schedule for the number of breakpoints you have, select the percentage rent schedule page from the field to the left of the Actions menu on the right side of the page:

   • Percentage Rent (Single BP) Schedule

   • Percentage Rent (Multi BP) Schedule

3. Select the month and year to display values for in the Percent Rent Schedule grid.

   Italicized amounts in the Percent Rent Schedule grid indicate imported sales data where the value of the Sales Category is Forecasted.

Process Percentage Rent

Before you can process percentage rent, you must first have data entered on the Sales page that have a sales category other than Forecast. You can manually enter sales data or import sales data with a spreadsheet.

You can process percentage rent once per period within the contract Payment Begin Date and Payment End Date. You cannot process percentage rent for future dates.

1. Click Process Payment in the Actions menu on the rightmost side of the page.

2. In the Process Payment window that opens, enter:

   • Payment Period

   • Year: Payment year.

   • Effective Date: Effective date of the payment. Click Calendar to open the Date Picker and select the date. The Effective Date defaults to the last day of the month you select for Payment Period.

   • Contracts to Process: Select whether to process percentage rent for a single contract or all contracts

   • Posting Date

   • Due Date

   • Use posting date for vendor allocation?: Select to allocate your payments according to the current vendor allocations. Clear to split the payment between the current and previous vendor allocations.

   • Portfolio: Select the portfolio to generate percentage rent for. All Portfolios is selected by default.

3. Click OK.

   The system sends a confirmation email confirming that the transaction is generated.

4. Click OK in the Success window that opens.

   Percentage rent transactions are automatically marked as a one-time expense.

5. Approve and process the payment.