Enable SLR

1. Navigate to the Lease home page.

2. In the toolbar, click Advanced, then click Straight Line Rent.

3. If SLR has not yet been enabled on the Lease, a prompt appears containing a dialog box to enable SLR. Click Yes to proceed.

   A new window appears in which you can review and set certain parameters regarding SLR.

4. In the Details pane, the Start Date, End Date, and Lease Current Commencement Date fields are auto-populated based on the lease.

   The Total Lease Amount field is derived from all designated SLR payment types, which are determined by a portfolio administrator. This sum is used to calculate the SLR amount.

   For example, if the administrator has set janitorial payments to be included with SLR, those payments are figured in addition to rent.

   By default, only rent payment types are factored into SLR calculation. Administrators may configure additional payment types for the portfolio as needed.

   Enter any desired comments in the Comments field.

5. In the Assumptions pane, enter the Yearly CPI, Yearly Contingent Rent, Total Penalties, and Total Credits for the SLR.

   Yearly CPI is for information only, and does not factor into SLR calculations.

   The breakpoint icon indicates that editing this field triggers a new SLR Breakpoint.

6. When complete, click Save.

   A new window appears.

7. Select the Booking Date or enter a date manually.

   When entering a date manually, the date must occur between the SLR Start and End dates.

   By default, the Booking Date is the latter of the Current Date or the SLR Start Date.

8. When the form is complete, click OK to enable SLR.

   The SLR window refreshes to include the SLR Breakpoints and SLR Lines panes.