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Rental Escalation Index

Rental Escalation Index

Rental Escalation Index

1636
548

Rental Escalation Index

Program #:   1636

Module:    Utilities

Overview

Use Rental Escalation Index (program #1636) to define the escalation rates in the Escalation field menu that appears in various SBN programs. An escalation rate determines the percentage or currency amount that the payment rate on a contract increases annually.

Note: Escalation rates apply to all contract types in Contract Master (program #548), not just rental contracts.

The Rental Escalation Index Window

The following graphic shows Rental Escalation Index as the program opens.

 

Field/Column Descriptions

The following table describes the fields and columns in the Rental Escalation Index window.

Field/Column

Description

Code

Code that identifies the escalation rate.

Description

Text description of the escalation rate.

Fixed Rate

Fixed percentage rate at which payments increase.

Minimum Rate

Minimum percentage rate at which payments increase.

Minimum Amount

Minimum currency amount at which payments increase.

Maximum Rate

Maximum percentage rate at which payments increase.

Maximum Amount

Maximum currency amount at which payments increase.

Factor

Percentage of the Fixed Annual Escalation Rate that SBN uses in escalation calculation.

Creating an Escalation Rate

Use the following steps to create an escalation rate:

   1.    Choose New Record.

‰    The fields open for changes.

   2.    Enter the details of the new escalation rate.

   3.    Choose Save to save changes and close.

Changing an Escalation Rate

You can change the details of an existing escalation rate.

Use the following steps to change an escalation rate:

   1.    Double-click the escalation rate you want to change, or choose Get Record.

   2.    Choose Change Record.

‰    The fields open for changes.

   3.    Change the details as needed.

   4.    Choose Save.

Deleting an Escalation Rate

Use the following steps to delete an escalation rate:

   1.    Select the escalation rate you want to delete.

   2.    Choose Delete Record.

‰    The escalation rate no longer appears in the list of rates.

Button Functions

The following table displays the buttons, describes the shortcut keys, actions and functionality.

Button

Name

Shortcut Key

Action

Description

Get Record

alt+f1

1636/ 1

View details of the selected escalation rate.

Change Record

f2

1636/ 2

Change the selected escalation rate.

New Record

f3

1636/ 3

Create a new escalation rate.

Delete Record

shift+f10

1636/ 4

Delete the selected escalation rate.

Select Record to Undelete

alt+f10

1636/ 5

Restore a deleted escalation rate.

Print Selected Records

ctrl+f8

1636/ 6

Print the selected escalation rate.

Copy Current Record

shift+f3

Copy the current escalation rate.

Previous Record

f4

Go to the previous escalation rate.

Next Record

f5

Go to the next escalation rate.

Exit without saving

esc

Exit without saving changes to the selected escalation rate.

Save Existing Record

enter

Save changes to the selected escalation rate.

Modifications and Updates to Rental Escalation Index

The following table lists modifications and updates to the Rental Escalation Index document.

Mod Number

Date

Description

n/a

09/02/14

Images updated.



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