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Create functionality where user can enter the start date and end date of a breakpoint and Tririga ‘knows' it has to prorate that breakpoint based on the percent rent year (as defined by the lease) entered by the user. The functionality would have to look at any partial year, whether it be at the beginning, middle or end of the lease. The functionality would also have to allow the user to enter the criteria the system is to use for the proration (i.e. denominator as 360 days, 365 days, actual number of days in year..to account for leap years). The user would enter the breakpoints based on their start and end date and the system would handle the calculation of any partial years or blended breakpoints required in the middle of the lease using the entries made by tenant. The system should also allow for Percent Rent Years to be split as there are times where amendments are completed and the Percent Rent Years change or the percent rate/breakpoints change. This would require that a new year be set up to account for the change and a proration of the breakpoints would need to occur for both partial years (i.e. pre-amendment and post-amendment). If the percentage rent rates are the same, then you could blend the breakpoint for the year but if the percent rates are different, then you would need to look at the year as 2 separate partial years.
Idea priority | High |
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This request will not be delivered within the release currently under development, but the topic is included in our backlog. IBM may consider and evaluate any RFE Community feedback for this request through activities such as voting. IBM will update this request in the future.
Due to processing by IBM, this request was reassigned to have the following updated attributes:
Brand - Internet of Things
Product family - Asset Management
Product - IBM TRIRIGA Real Estate Manager
For recording keeping, the previous attributes were:
Brand - Tivoli
Product family - Asset Management
Product - IBM TRIRIGA Real Estate Manager
Thank you for submitting this request. It is currently under review.