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 Editing Adjustment Data for Index-Linked Rent

Prerequisites

  • The lease-out has the adjustment type for the index-linked rent (usually 2 index-linked rent).

Note Note

For an overview of the index-linked rent adjustment, see Adjustment Method: Index-Linked Rent Adjustment

End of the note.

  • You have to set the current parameters ( index series , base years, index data) in Customizing for Real Estate to be able to carry out an adjustment of the index-linked rents.

Note Note

You can carry out index adjustments time-dependently for each condition type (rebasing). If no condition types have been set for the contract yet, you have to do it now using the Conditions function.

End of the note.

Procedure

  1. To enter the adjustment data for the index-link rent, press the pushbutton next to the Adjustment type field and double-click the index-linked rent adjustment type.

  2. The conditions valid for the index-linked rent settlement are displayed for selection (if only one condition type exists, you branch directly to the dialog box).

  3. Double-click the required condition type.

  4. You receive a dialog box for editing.

  5. Fill in the index series and the base year.

  6. Specify the periods and the data for the increase.

  7. Enter data for value guarantee and select the required clauses .

  8. You have additional options for maintaining data on index-linked rent:

  9. If

    Then

    You want to include further conditions of the lease-out to index adjustment

    Choose New condition type . Double-click the condition you want.

    You want an overview of the condition types to be adjusted

    Choose Overview

    In most cases, you have to submit index-linked lease-outs to the State Central Bank (SCB) for approval (German law). So that the address of the State Central Bank exists when printing out letters, you should maintain the State Central Bank as a partner at business entity level.

  10. Choose the Copy function to copy the data.

Result

You have established the calculation bases for the index-linked rent adjustment of this contract.

You have to initiate the adjustment run separately.