Core TSIs : Turnover rent : Working with... : Adding reported turnover
Adding reported turnover
Turnover is reported over a period. Planon calculates the turnover rent due based on the reported turnover.
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If the reported turnover period overlaps with the settlement period, the reported turnover is adjusted, based on the number of days that fall within the settlement period.
Example
Reported turnover for the period June 20, 2022 – July 19, 2022 for an amount of 1,000.00
Settlement period is monthly, start of the period is the first of the month
The turnover amount that is taken into account is calculated as follows:
For the settlement of June, the turnover is: 1,000.00 * 11 / 30 = 366.67
For the settlement of July, the turnover is: 1,000.00 * 19 / 30 = 633.33
Below you can read how to add reported turnover in Planon.
Procedure
1. Go to Turnover rent - input data > Reported turnover.
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.