Property Manager - EBS (MOSC)

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Discount lines in a Lease (Expense Lease)

edited Apr 28, 2017 5:01AM in Property Manager - EBS (MOSC) 3 commentsAnswered

Hi All

We have a case where the Lease has been created with 6.2% (Fixed) increase annually. Payment is Quarterly in advance. There has been negotiation with the Landlord / Lessor who has agreed for a 10% discount from 2nd Quarter.

We would like to know the best way to cater for the discount. We understand that we need to create a Negative line for the discount amount. However this is a manual activity every time we get a discount.

Is there any other way? Manual creation of negative payment terms for discount is a time consuming and error prone process.

Please do let us know.

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