To create a new target rent review model

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The procedure to create a new target rent review model is as follows:

  1. Navigate to Quick Menu > Rents > Configuration > Target Rent Review. The Target Rent Review window is displayed.
  2. Click on New Review. All fields are activated ready for data entry 1.
  3. Enter a Description for the target rent review model into the field provided 2.
  4. Using the Company drop-down field, select the company to which the target rent review model relates.
  5. Enter the Review date from date using the calendar icon (), or type in the value directly (format DD/MM/YY or DD/MM/YYYY), as required i.e. the earliest asset charge review date to be included.
  6. Enter the Review date to date using the calendar icon (), or type in the value directly (format DD/MM/YY or DD/MM/YYYY), as required i.e. the latest asset charge review date to be included.
  7. Activate the Include blank dates tick box, as required i.e. to include in the review those asset charges where a review date has been omitted.
  8. Enter the Next review date using the calendar icon (), or type in the value directly (format DD/MM/YY or DD/MM/YYYY) i.e. the date on which the next review is scheduled using this model.
  9. Choose an Effective from date for this target rent review model i.e. the date on which it comes into effect 3.
  10. Click on Save 4. The new target rent review model appears in the alphabetical list, underneath the automatically allocated status: In Progress 5.


Note

1 Upon first access, all fields are automatically activated ready for data entry; hence the New Review button is inactive.

2 System validation rules ensure that the description entered for each new target rent review model is unique for the effective period.

3 The Effective from date defaults to the current system date and cannot be left blank.

4 The Updated By and Updated Date fields are automatically populated with the name of the end user creating the target rent review model and current system date respectively.

5 To amend the details of an existing target rent review model, expand the status heading, select a model from the alphabetical list (or type the description into the Search Target Rent Review field) and repeat steps 3 through 10. By default the list is filtered to show All target rent review models. An alternative filter can be applied using the Select view drop-down field: Applied, Calculated, Cancelled, In Progress or Part Applied.


See related topics...

Target rents review management overview

To calculate target rents using a rent review model

To cancel a target rent review model