Manage Revenue Lease Payments

You can search for payments across revenue leases and manually update noncompliance payments.

You can know the status of the revenue lease payments based on many scenarios such as a business unit, a customer, or by the payment due date.

This page has both basic and advanced search options using which you can search the revenue lease payments.

The basic search parameters are as follows:

• Business Unit: Select the business unit from which you want to search the revenue lease payments.

• Lease Number: Select the lease number for which you want to search the revenue lease payments.

• Lease Name: Select the lease name for which you want to search the revenue lease payments.

• Customer: Select the customer for which you want to search the revenue lease payments.

• Bill-to Site: Select the bill-to site for which you want to search the revenue lease payments.

• Payment Type: Select the payment type for which you want to search the revenue lease payments.

  • Abatement

  • Appliance Rental

  • Base Rent

  • Common Area Maintenance

  • Cleaning

  • Deposit

  • Depreciation

  • Direct

  • Escalation

  • Payment of Option

• Payment Purpose: Select the payment purpose for which you want to search the revenue lease payments.

  • Base Rent

  • Cleaning

  • Depreciation

  • Insurance

  • Operating Expense

  • Percentage

  • Rent

• Approval Status: Select the approval status for which you want to search the revenue lease payments.

  • Draft

  • Approved

  • Hold

  • Processed Externally

  • Release Hold

• Eligibility for Export: Select the eligibility for export status for which you want to search the revenue lease payments.

  • Hold

  • No

  • Yes

• Payment Number: Select the payment number for which you want to search the revenue lease payments.

• Payment Due Date: Select the payment due date from which you want to search the revenue lease payments.

• Ship-to Site: Select the ship-to site for which you want to search the revenue lease payments.

These parameters result in values that are available in the default view and you can add more columns.

There are many important parameters in the advanced search too to refine your search.

You can export the results to Excel for further analysis.

You can perform the following actions on the payments:

• Approve: Select an expense lease and select Approve to approve the payments.

• Hold Approval: Select an expense lease and select Hold Approval to hold the approval of the payments.

• Hold Export: Select an expense lease and select Hold Export to hold the export of the payments to Payables.

• Release Approval Hold: Select an expense lease and select Release Approval Hold to release the approval hold of the payments.

• Create Miscellaneous Payment: Select an expense lease and select Create Miscellaneous Payment to create a miscellaneous payment on the lease.

  1. The following fields are available as part of the miscellaneous payment creation:

     Field	Description
     Business Unit	Select the business unit.
     Lease Number	Select the lease number.
     Payment Template	Select the payment template.
     Customer	Select the customer.
     Bill-to Site	Select the bill-to site.
     Ship-to Site	Select the ship-to site.
     Asset Number	Select the asset number.
     Payment Due Date	Select the payment due date.
     Payment Amount	Enter the payment amount.
     Payment Purpose	Select the payment purpose. Your choices are as follows: Base Rent Cleaning Depreciation Insurance Operating Expense Rent Percentage You can add more values for payment purpose.
     Payment Type	Select the payment type. Your choices are as follows: Abatement Appliance Rental Base Rent Common Area Maintenance Cleaning Deposit Depreciation Direct Escalation Payment for Option You can add more values for payment type.
     Frequency	Displays the frequency of payment.
     Currency	Select the currency of payment.
     Receivables	In the Accounting section, select the Receivables account.
     Revenue	In the Accounting section, select the Revenue account.

     Lease Accounting adds these payments directly to the schedule as one-time noncompliance payments.

     You can't see these payments from the Payments tab but can see them from the Schedules tab on the lease.

  2. Select Save and Close.

• Delete Miscellaneous Payment: Select an revenue lease and select Delete Miscellaneous Payment to delete a miscellaneous payment.