1. Enhanced Real Estate Management for the United Kingdom and China Implementation Guide
  2. Understanding Fee and Interest Records

Understanding Fee and Interest Records

The JD Edwards EnterpriseOne Enhanced Real Estate Management system uses these programs to generate fee and interest records:

  • Fee & Interest Calculation program (R74U5160). This program processes the fee calculations and generates records in the Payment Profile table (F74U0205).

  • Global Generation program (R74U0210). This program generates records in the Lease Billings Master table (F1511B).

The Fee & Interest Calculation program (R74U5160) processes fees and interest records like Fee & Interest Generation program (R15160) from the JD Edwards EnterpriseOne Real Estate Management system, with these exceptions:

  • The R74U5160 program generates payment profile records only.

  • The R74U5160 program uses the rate associated with the bank code, if specified.

    If you use a bank code and complete the Interest Adjustment Pct (interest adjustment percent) field that is set up on the Maintain Lease Master Additional Information form, the system adds the percentage that you specify to the rate entered for the bank code.

    If the bank rate changes during the period in which you generate fees and interest, the system calculates the fee and interest based on each effective date only when you select the Allow Interest Date Change check box using the Additional Company Constants. Otherwise, the system uses the bank record with the most recent effective date, regardless of whether it is set up for the period during which processing occurs.

    Note: You can override the interest adjustment percent on the recurring bill code line, if desired.

  • The R74U5160 program generates one fee or interest record per bill code; there is no processing option to specify a File Update Method to generate the fee or interest by invoice number.