37 Reverse a Lot

This chapter contains these topics:

The Option Selection Reversal program changes all of the amounts in the Lot Proceed Detail File (F4451) and sets the Swing field to R (reversed). This program also creates new records in the F4451 for the reversal. Additionally, it changes the option amount in the Lot Proceed Entry table (F4450).

You can run the DEMO version of this program, or you can copy a version and revise it to suit your needs. The processing options allow you to run the program in proof or final mode.

For information about copying and revising DREAM Writer programs, see Work with DREAM Writer in the JD Edwards World Technical Foundation Guide.

You use the Option Selection Reversal program for the following tasks:

  • Reverse a Lot

  • Change the Plan and Elevation of a Posted House

37.1 Reverse a Lot

You use the Option Selection Reversal DREAM Writer program to reverse a lot (release the lot for another buyer) or to change the house plan and elevation combination. When you run Option Selection Reversal, the system creates the Option Selection Reversal report (R44510).

For base house reversals, the Option Selection Reversal program removes the C (commitment) from the Journaling Flag field (Start Lock Flag) in the Lot Proceed Entry table (F4450) record and the record now displays as not posted. This program also deletes all Account Master Extended Details table (F51901) records which the system creates when you run the Original Schedule Update program (P445026).

For both base house and option specific reversals, the system updates the option revenue periods in the Lot Proceed Entry table (F4450) with the new sales price. You must run the Lot Proceed Proof/Post program in final mode to update contracts. The amounts that you reverse should be the same as the original lot amounts, unless you have made payments on a contract.

37.2 Change the Plan and Elevation of a Posted House

Run the Option Selection Reversal program for lots to which you make changes. This removes all options for that lot. You must then run the Lot Proceed Proof/Post program in proof mode to verify the changes and then run the Lot Proceed Proof/Post program in final mode to make the changes.

If no payments were made to contractors on the lot, this program reverses all contracts for the lot. You must also perform the following steps:

  1. Access the Lot Proceed Entry screen, locate the lot and change the lot, plan, and elevation information.

  2. After you update the system with the changes, choose Create Base House Option Selection Rec. (record) (F16) to create a base house option selection record.

  3. Choose Update Lot Premium/Base House Price (F14) to retrieve the latest sales price if you entered a new plan.

  4. Choose Option Selection (F12) to access the Options Selections screen to choose options.

  5. Run the Lot Proceed Proof/Post program in proof to verify the changes and then in final mode to update the database with the change.

If you made a payment to a contractor for work on the lot, the Purchase Order Detail File (F4311) extended cost is not equal to open commitment. Run the Lot Proceed Proof/Post program to reverse all contracts except for the contract that was paid. Running this program does not affect the schedule.

37.2.1 What You Should Know About

Topic Description
Reconstructing Data After the Reversal When you run this program, the system overwrites the data in the database and you cannot reverse the changes. You can however recreate the data. Various options follow depending on which steps you have completed in this process.

You can continue with the reversal process and run the Lot Proceed Proof/Post program (P445098) in final mode. Then select the original options for the lot and run the Lot Proceed Proof/Post program for the house.

If you only reversed the base house and not the options, you can delete the new record in the F4451 and remove the P in the Swing field from the original record in the F4451.


37.2.2 Before You Begin

Before you run this program, do not:

  • Change any of the lot proceed data

  • Delete any existing contracts

  • Delete any options for the lot

Navigation

From Homebuilder Management (G44H), choose Lot Proceed (House Sale)

From Lot Proceeds (G44H14), choose Option Selection Reversal

37.2.3 Data Selection

Specify the subdivision business unit number and the lot you want to reverse.

37.2.5 Option Selection Reversal Report

Figure 37-1 Option Selection Reversal report

Description of Figure 37-1 follows
Description of "Figure 37-1 Option Selection Reversal report"