Registering a price level amount
You can use price level amounts to record agreed future price changes during the life of a contract. A price level amount defines the contract amount at a specific price level date. When the contract is indexed, Planon automatically recalculates the amount between the Price level date and the Date effective.
 | This feature is available for all lease contract lines, but not for service contract lines or SLA lines. |
1. Go to the Contracts / Lease contracts (lease accounting) TSI.
2. Select the contract line for which you want to register a price level amount.
3. On the action panel, click Add price level amount.
The Price level amount wizard opens.
4. On the Price level amount changes step of the wizard, enter the Price level date. This is the date on which the specified amount applies at that price level.
5. Specify the date as of which the price applies in the Date effective field.
6. Enter the amount in the Price level amount field.
7. Click Next in the wizard to go to the Price level amount details step.
This read-only overview displays the Price level date and the Date effective you specified in the previous step of the wizard. The other fields are automatically populated by Planon. The Old amount field displays the old price and the New amount on 'Date effective' field displays the new price, you specified.
8. Click Complete to confirm your settings and close the wizard.
The price level date and price level amount are stored on the contract line. The new amount is stored in the Amount field on the contract line. Planon automatically recalculates the amount whenever the contract is indexed or reindexed between the price level date and the date effective.
Example
The following example shows how price level amounts in combination with indexation works in Planon.
◦ Lease starts in April 2022 with a rent-free period.
◦ Agreed price level amounts (all at price level 2022):
- October 15, 2022: €2,000 per month
- 15 October 2023: €2,500 per month
- 15 October 2024: €3,000 per month
◦ The contract will be indexed with 103/100 as of January 1, 2023
- 15 October 2023: €2,575 per month
- 15 October 2024: €3,090 per month
◦ The contract will be indexed with 105/103 as of January 1, 2024
- 15 October 2024: €3,150 per month
◦ The contract will be reindexed with 106/103 as of January 1, 2024
- 5 October 2024: €3,180 per month
◦ As of 15 October 2025, a new price level amount of €3,500 (price level 2023) is agreed.
◦ With indexation 106/103 as of 1 January 2024, the amount becomes €3,601.94 per month as of 15 October 2025.