Example: Event for Management Contract

Example Example

Starting point

You create a management contract, to which the business entity (BE) 2000 is assigned as managed object. The BE contains the rental units 1 - 10.

You assign the following object-related, event-driven fees to this business entity:

End of the example.

fee per tenant change within the BE: USD 200
sales fee per rental unit within the BE: 1% of the sales price

Tenant change/sales of rental unit

For the rental units (BE) No. 3, 6 and 8, you have processed a tenant changeover.

You have sold BE No. 10 at the price of USD 250,000.

Procedure

To settle the thus incurred fees, proceed as follows:

Tenant changeover

For the BEs 3, 6, and 8, you have to create an event with event category MIW (tenant changeover) within the validity period of the management contract.

The Amount field is irrelevant here and is also not ready for input.

Sales of BE

For the BE No. 10, you have to create an event with event category VER (object sale) within the validity period of the management contract.

In the Amount field, specify the sales price of USD 250,000 as calculation base.

Then carry out the settlement in the system.