Defaults

Use Building Constant Rule

If you select this option, the system uses the building constant rule when forecasting budgets.

Assumption Rule

Enter a code that specifies the assumption rule. The assumption rule contains forecast information such as market rate, Consumer Price Index (CPI), lease information, and commissions that are associated with a growth pattern.

Assumption Action

Enter a hard-coded value from UDC table 15L/UA that specifies whether the assumption rule applies to the new or renewal market rate, or a blend of the two, when used to forecast the budget amounts. Values are:

N: New

R: Renewal

B: Market blend

The system uses the values from the Market Rate New, Market Rate Renewal, and Renewal Probability Percent fields on the unit assumption in this formula to determine the value for the market blend:{[(100) – (prob percent) / 100] * new} + {[(prob percent) ÷ (100)]* renew)}

For example, if the new market rate is 10, the renewal market rate is 8, and the renewal probability percent is 60, then the system calculates the blend rate as 8.8 as follows:{[(100 – 60) ÷ 100] × new} + (60÷ 100) × 8 = 8.8

Use Recycle Rule

If you select this option, the system uses the recycle rule when forecasting budgets.

Recycle Rule

Enter a code that specifies the recycle rule that the system uses through the end of the budget cycle when the other unit assumptions have expired.

Use Existing RE Rules

If you select this check box, the system disables the fields in the Management Fee section. Select this check box to use the information in the Management Fee Master table (F1505B) for the business unit only, not the lease, in JD Edwards EnterpriseOne Real Estate Management.

If you do not select this check box, the system uses the information in the Management Fee section.

Rev Bill Code (revenue bill code)

Enter a code that determines the trade account to use as the offset when you post invoices or vouchers.

The system concatenates the value that you enter to the AAI item RC (for Accounts Receivable) or PC (for Accounts Payable) to locate the trade account.

For example, if you enter TRAD, the system searches for the AAI item RCTRAD (for receivables) or PCTRAD (for payables). You can assign up to four alphanumeric characters to represent the general ledger offset or you can assign the three-character currency code (if you enter transactions in a multicurrency environment). You must, however, set up the corresponding AAI item for the system to use; otherwise, the system ignores the general ledger offset and uses the account that is set up for PC or RC for the company specified.

If you set up a default value in the G/L Offset field of the customer or supplier record, the system uses the value during transaction entry unless you override it.

Note: Do not use code 9999. This code is reserved for the post program and indicates that offsets should not be created.

Fee Rate

Enter a rate for an administration fee.

Enter the rate as a decimal. For example, you would enter .05 for a 5 percent rate.

Minimum

Enter the minimum amount for revenue fees.

If the calculated fees are less than the minimum amount, the minimum amount is invoiced or vouchered. If the calculated fees are greater than the minimum amount, the calculated fees are invoiced or vouchered.

Results Bill Code

Enter the general ledger offset, or billing/receipt code, for invoices that the system automatically generates for revenue fees.

Maximum

Enter the maximum amount for revenue fees.

If the fees calculated are greater than the maximum amount, the maximum amount is invoiced or vouchered. If the fees calculated are less than the maximum amount, the calculated amount is invoiced or vouchered.

Account Association Code

Enter the code used to specify a group of account numbers that the system uses when you run the AREF Account Association program (P15L120).

Use this code to group certain types of income or expenses that you cannot group with AAIs. The system refers to the code that is assigned to a group of accounts for calculation and reporting purposes.

Percentage

Enter the percentage of the account balances represented by the account association code that you entered for bad debt.

To derive a value of bad debt for the building, the system multiplies the sum of the account balances by the percentage that you specify. The system uses this information only when you generate the AREF Input Assumptions report (R15L005).

Enter the percentage in a decimal format. For example, enter 0.01 to specify 1 percent.