Percentage Rent

You can process Percentage Rent Payments within the Finance Manager.

1. Navigate to the desired Finance Manager page (i.e., Payables, Receivables, Exceptions).

2. In the toolbar, click Percentage Rent.

   A new window appears.

3. Using the radio buttons, select either Single or Batch processing. Single processing creates a single Payment Line for the period. Batch creates a Payment Line for all Payments with a period ending on the specified date.

4. In the Select Lease pane, use the object browser to choose the desired Lease.

   The Select Lease pane does not appear if Batch is selected.

5. Select the check box next to the Percentage Rent Payments to process.

   If both a Promotion and a Percentage Rent Payment exist on the Lease, both can be selected for processing.

6. Use the Month drop-down menu to select the payment period month.

7. Enter the payment period year in the Year field.

8. Click Next.

9. Review the Payment Line information and click Finish.