Rent

• Rent type: Rent-free, Market price, Nominal.
• Billing (mandatory except if rent-free): Rent billing periodicity.
• Initial rent (mandatory except if rent-free): Initial rent amount, before revision.
  Revised amount = Initial amount × (Index according to the rule / Initial revision index)
• Current rent: Current or revised rent amount.
  Revised amount = Initial amount × (Index according to the rule / Initial revision index)
• Payment term (mandatory except if rent-free): Rent payment term.
• VAT: VAT rate. Provided for information only.
• Budget: Budget for allocating the rent. Provided for information only.
• Accounting code: Accounting code associated with the rent. Provided for information only.
• 1st invoice date (mandatory except if rent-free): Generation date of the first invoice. This field is initialized with the contract effective date and becomes read-only after the first invoice is generated.
• Start of next invoice (mandatory except for rent-free contracts): Start date of the next billing period. It is recalculated automatically after each invoice generation, based on the previous end date and the defined billing periodicity.
• End of next invoice (mandatory except for rent-free contracts): End date of the next billing period. It is automatically calculated from the start date of the next invoice, based on the defined billing periodicity.

Security deposit

• Security deposit revision: If this checkbox is ticked, the “Revise contract” action includes revision of the security deposit. If this checkbox is unticked, the revision action excludes the security deposit.
• Initial deposit: Initial security deposit amount, before any revision.
• Current deposit: Current or revised security deposit amount.
• Budget: Budget for allocating the security deposit. Provided for information only.
• Accounting code: Accounting code associated with the security deposit. Provided for information only.

 

Rent / Security deposit revision

• Revision index: Index used to revise the rent and, where applicable, the security deposit.
• Initial revision index: Initial value of the index used to calculate the revision of the rent (and the security deposit).
  Revised amount = Initial amount × (Index according to the rule / Initial revision index)
• Revision rule: Value of the index for the month (M1 January, M2 February, etc.) used to calculate the revision of the rent (and the security deposit).
  Revised amount = Initial amount × (Index according to the rule / Initial revision index)
• Revision mode: Defines whether the revision is performed manually or automatically (when the automatic mode is selected, the automatic process FMJOBREVISION must be activated to enable automatic execution of revisions).
• Periodicity: Frequency at which the revision is applied (for example: 1 year).
• Next revision date: Date when the next revision is scheduled. This field is automatically calculated based on the revision periodicity.
• Last revision date: Date when the last revision of the rent / security deposit was performed. This field is automatically updated and read-only.
• 1st revision date: Date of the first revision of the rent / security deposit. This field is automatically updated and read-only.

 

Comments

• Comment area: Detailed description of the lease contract if needed.