Lease-In Process
Purpose
As a tenant with a lease-in, you monitor and control business transactions for your rental objects. A lease-in has the following options:
An overview of your payment obligations to the landlord
Business transparency as any expense postings and any revenue from the LI objects are entered in your balance
Checking payments due to the landlord (for example sales-based rent/index rent adjustment)
Triggering rent retention using the payment block
An overview of contracts that are coming to the end of their term and have renewal options
Processing notice modalities
Individual, automated resubmission for processing relevant business transactions on time
Automated availability check of real estate objects within the framework of tenant rental and traditional rental
Prerequisites
You can portray this process using the general contract defined as a lease-in .
Process Flow
(Important) Settings in Real Estate Customizing
Define a suitable
contract type with
tenant rented
as the contract reference.
To portray these processes, you set the contract category to credit view and specify the correct credit-view condition types. If you also want to portray revenues from the LI objects, set the credit/debit view.
Note: The main contract also offers possibilities for the above processes.
Process in the application
Create your LI objects in the system.
Assign these objects to one or more lease-ins.
The system automatically carries out the object availability of real estate objects .
Activate the valid lease-ins.
Make periodic postings .
Result
Cash flows for the contract appear as expenses on the balance sheet.