Fixed Assets - EBS (MOSC)

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PN: New transaction line for each rent increase ???

edited Apr 9, 2014 11:35AM in Fixed Assets - EBS (MOSC) 3 commentsAnswered

Hi,

I am exploring the index rent increase feature of Property Manager. A rent increase is applied only the the bee rent term of my lease. The increase amount in calculated correctly. After approval of the increase, a new terms appears on the lease for the amount of the increase. This is fine. The amount of the schedules from the increase date onwards are also as expected. However, when I run the export to AR and auto invoicing, I see that a separate transaction line is created for the amount of the increase. This also appears on the printed invoice !. So, in case the rent is increased every year, after ten years you will have ten rent increase lines on your invoice. I cannot believe that this is intended functionality. I would expect to see on einvoice line for the total amount, including accumulated rent increase. Am I missing something in the setup ? Any help would be more than welcome !

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