Adding reported turnover
Turnover is reported over a period. Planon calculates the turnover rent due based on the reported turnover.
If the reported turnover period only partially overlaps with the settlement period, Planon prorates the turnover amount based on the number of overlapping days.
Example
• Reported turnover: June 20 – July 19 = $1,000
• Settlement periods: June and July
• June: 11/30 days -> $366.67
• July: 19/30 days -> $633.33
Below you can read how to add reported turnover in Planon.
Procedure
1. Go to > .
2. On the action panel, click Add.
3. On the data panel, enter the required information. For more information, see Reported turnover - fields.
For more information on working with contracts, see Contracts or Lease accounting.
4. Click Save.
5. On the Links action panel, click Approved.