Rev Share Calculation Update 7-23 (1)

1.

Record - Test Site 2 - Tenant Lease 1
Running Rev Share Calculations Will Trigger Rule To cre
Payments Current Tenant Lease Record.
*Currently rule writes rev sharing amount to ground lea
This is no longer needed. LINK TO SLIDE
Record - Tenant lease 1-T001PMT067
Lease Payment will have already been cre
And used for the rev share calculation
Record - RevPMT-37988
The REV Share Payment Record Will Take The Mo
Rent Amount, Look at the rev share schedule,
The assigned position of the tenant will use
Amount or both to calculate the amount for th
Payment.

2.

Checking Calculate Payment Distrobution will look at the rev
share payment
amount in each rev share payment record and split the amount
according to the payment allocation schedule that is set at
the associate ground lease record. It will then create
records in the payee payments trackor for each calculation.
These records will be associated to the lease they were
generated from.
Record 38831
Record 38832

3.

Tenant 1 Rev Share Payment Record
Record - RevPMT-37988
Ground Lease Payment Record
Record - Test Site 2 - Ground LeaseT001-PMT199
No longer needed
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