1. Advanced Real Estate Forecasting Implementation Guide
  2. Understanding Unit Assumption Information

Understanding Unit Assumption Information

Set up unit assumptions in the AREF Unit Assumptions program (P15L102) to provide the rules to forecast rent revenue amounts and revenue-based expense amounts under these circumstances:

  • When the unit is not set up in JD Edwards EnterpriseOne Real Estate Management.

  • When the unit is not leased.

  • When the unit is leased, but the system cannot locate any recurring billing information to retrieve from the JD Edwards EnterpriseOne Real Estate Management system.

Note: When the unit is leased, the system uses the recurring bill code rules, in conjunction with the recurring billing amounts from JD Edwards EnterpriseOne Real Estate Management, to forecast revenue amounts.

Use the P15L102 program to set up and maintain assumption information. You can specify new, renewal, or market blend unit assumption information, as well as the number of years or months that the unit assumption is effective.

As the term of one assumption expires, the system uses a different assumption. You can also set up default assumptions in the AREF Recycle Rules program (P15L107). You can assign up to three different unit assumptions and a recycle rule to each unit using either the AREF Unit Maintenance program (P15L101) or the AREF Unit Assumption Assignment program (P15L1011).