To accept the calculated service charges for asset records

The procedure to accept the calculated service charges for asset records is as follows:

1. Navigate to Quick Menu > Service Charges > Management > Calculations. The Service Charge Calculation window is displayed.
2. Expand a calculation type subheading from within the nested calendar period and select an associated calculation scenario, or enter its name into the Search Calculations field. By default the list is filtered to show All calculation scenarios. An alternative filter can be applied using the Select view drop-down field: In Progress, Under Consultation, Applied, Invoiced, Cancelled or Adjustment Applied to Rent Accounts 1.
3. Click on Asset Results. The Asset Results tab is activated.
4. Using the Model and Rent charge type drop-down fields, select the model applicable to the assets and rent charge classification respectively, to filter the desired results subset 2. The proposed service charge values are displayed in the Asset Results summary table, specific to the calculation type in operation.
5. Click on Accept Results. The calculation status is set to Under Consultation or Applied, in accordance with the end user's consultation preferences for the associated calculation type: Actual, Adjustment or Estimate 3.
6. Click on Close.

Note

1 The Search Calculations field will match against any element of the calculation scenario description.

2 For Import and Manual calculation methods, only the selection of a Rent charge type is applicable.

3 The Consult on Service Charge Actual [Adjustment] [Estimate] Calculations system preference determines whether derived service charges for the calculation scenario can be accepted without further consultation.

See related topics...

Service charge results management overview

To cascade calculated service charge cost elements to asset records

To modify the calculated service charge cost elements of an asset record

To define a system preference value