Option Rate Determination
Use
This function calculates automatically the monthly option rate to be set for every object concerned.
Note
You can also set option rates of objects manually with the relevant setting of the calculation type (see Option Rate Calculation Types ).
Integration
Rental Unit
The option rate is determined on the basis of the rental units, that is, the system determines whether taxes on sales/purchases can be opted for or not for each rental unit. An option is possible for a rental unit (RU) only in the following cases:
the rental unit has an active lease-out, on which the Opting for input tax indicator is set.
RU has a provisional lease-out
with the indicator for input tax opting
with the "Provisional lease-out concluded" status.
that has not yet expired on the date of determination.
RU is vacant and has the indicator
Inp.tax ded.vacancy
Property
If no rental unit has been assigned to a property and if there is only one building standing on this property to 100%, the option rate of the building is automatically set for the property.
Input tax distribution
The option rate determination is the basis for implementing the input tax distribution.
Prerequisites
A procedure for setting the option rate determination has been set of the corresponding objects (settlement unit/Real Estate objects/correction items).
Caution
When you are determining the option rates of correction items, you must also perform this function for manually set calculation basis. This must be done during the entire phase of the input tax collection determination of the composite rates .
The reference values ( area or cubic volume ) for automatic determination of the option rates are set on the rental unit:
In Real Estate Customizing, the area types must be defined as reference areas for this procedure.
The cubic volume must be maintained manually on the rental unit.
Features
The option rates are newly calculated each month using the calculation type set on the objects (settlement unit/Real Estate objects/correction items); this rate is set as the calculation basis for the monthly input tax distribution for the objects.
You can repeat the determination of the option rate as often as required, whereby
the option rates calculated automatically overwrite the ones set manually (when the automatically calculated procedure is changed later).
option rates are not changed if they have already been used for postings (input tax distribution).
Determination according to area ratio
The option rate is calculated from:
Rental area liable to tax on sales/purchases x 100 Overall rental area of the rental units
Determination according to cubic volume ratio
The option rate is calculated from:
Cubic volume liable to tax on sales/purchases x 100 Overall cubic volume of the rental units