Index method
An Index method is a calculation approach used to adjust values over time.
Index methods are applied in the following domains:
NL – rent control
Contract line
Financial statement configuration
Clusters
Index methods are maintained in Application settings.
You can add an index method by clicking + Add index method at the top right. Then proceed to fill out the rates per category.
You can edit the Code or Name as required.
Per index method, select:
Index series from the drop-down list.
Default index month, which can be any month of the year, or Continuous.
Index period – The frequency at which a value is indexed. You can specify both the index period and the corresponding unit of time.
Index offset - the number of months between the indexation itself and the index date referred to. This setting is not applicable when the default index month is set to Continuous.
Ceiling - as boundary, Ceiling caps the top rate. This setting is not applicable when the default index month is set to Continuous.
Floor - as boundary, Floor caps the bottom rate. Not applicable when the default index month is set to Continuous.
Threshold – If the indexation rate between two indexation moments falls below the defined threshold, the value will not be indexed. This setting is not applicable when the default index month is set to Continuous.
You can export your index method overview to Excel by clicking Export to Excel.
Select a row to Deactivate it. When it is deactivated (and not in use), you can Delete the row.
Click Save to save your changes.
Click Revert to undo your changes.