Example: Opting/Non-Opting Settlements 
Example: Opting/Non-Opting Settlements
Starting Point
You settle three lease-outs belonging to the same business entity on the basis of the following data:
Settlement unit |
Participating rental units |
Apportionment factor |
Lease-out |
Tax |
Does contract opt? |
Option rate |
1160 euros posted to SU 605, including 160 euros for tax |
RU_1 |
200 m2 |
LO_1 |
0 % |
/ |
/ |
RU_2 |
100 m2 |
LO_2 |
16% |
Yes |
Currently: 33.33 % Finally: 25 % | |
RU_3 |
100 m2 |
LO_3 |
16 % |
No |
/ |
Since the option rate may vary throughout the settlement period, the following situation arises:
On a certain date the tax is divided into a deductible and non-deductible share and posted accordingly; the final (correct) option rate is only determined at the end of the settlement period: the system makes an automatic adjustment posting for deductible and non-deductible tax in the service charge settlement.
Result
LO_2
in the above example would look as follows:Tax |
Option rate |
Deductible tax |
Non-deductible tax |
Tax posting based on the current option rate | |||
160 euros |
33.33 % |
53.33 euros |
106.67 euros |
Adjustment posting of 13.33 euros in the service charge settlement on the basis of the actual option rate | |||
160 euros |
25.00 % |
40.00 euros (- 13.33) |
120.00 euros |
Overview of service charge settlement (SCS) for all lease-outs
Assumption: yearly period with advance payment condition of 50 euros / month (= 600 euros) for each contract already paid to SU 605, where 16% tax (= 696 euros) is payable in LO_2 and LO_3.
Stages in the SCS |
LO_1 |
LO_2 |
LO_3 |
Determine total costs for settlement period on SU 605 |
Net amount: 1160Tax: 0 |
Net amount: 1000Tax: 160 |
Net amount: 1000Tax: 160 |
Distribute costs to participating lease-outs |
580 euros50% of the costs including tax (500 + 80), as the area is 200 m2 with a total area of 400 m2 |
250 euros25% of the costs; no tax is due as the contract opts at 25%! |
336.40 euros25% of the costs including tax share = 250 + 40 = 290 plus 16% tax (=46.40), as LO_3 does not opt! |
Post cost shares to tenant accounts |
Receivable: 580 euros |
Receivable: 250 euros |
Receivable: 336.40 euros |
Determine advance payments (actual payments) made by the tenant for which a credit transfer posting is made |
Transfer posting: 600 euros |
Transfer posting: 696 euros |
Transfer posting: 696 euros |
Balance (tenant account) |
Credit: 20 euros |
Credit: 446 euros |
Credit: 359.6 euros |