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Enter a value that specifies an area meaning, such as Rentable or Useable, to use when running the Gross Lease Occupancy Refresh (R15141).
Base Area Type
Select the base area type for a record. The system will use the build-up of GLOA and GLA adjustments to the base location type.
GLOA Adj 1 through GLOA Adj 5 (gross leaseable occupied area adjustment 1-5)
Enter user-defined codes from UDC table 15/AR that specify adjustments to the base location type for gross leaseable occupied area (GLOA).
GLA Adj 1 through GLA Adj 5 (gross leasable area change 1-5)
Enter user-defined codes from UDC table 15/AR that specifies adjustments to the base area type for gross leaseable area (GLA).
Program ID
The system shows among the following values:
P15142: Specifies that the system added the record to the F15142 table from the P15142 program.
CONVERSION: Specifies that the system added the record to the F15142 table throughout a conversion.
Updating Gross Lease Occupancy Information
This area supplies an introduction of the Gross Lease Occupancy Refresh program (R15141) and talks about how to:
- Run the Gross Lease Occupancy .
- Set processing options for Gross Lease Occupancy Refresh (R15141).
Understanding the Gross Lease Occupancy Refresh Program (R15141)
Run the Gross Lease Occupancy Refresh program (R15141) to compute gross lease inhabited location (GLOA) and gross leasable location (GLA) for all systems in a building or residential or commercial property for a specific duration. You can offer the info from the R15141 report to brokers who are looking for residential or commercial properties to rent and to landlords who can provide the details to potential renters.
When you run the R15141 program, the system:
- Uses the dates gone into in the processing options to figure out the time period, based on the lease dates, for which the calculations apply.
- Retrieves the GLOA worth from the Lease Master Detail table (F15017).
- Retrieves the GLA worth from the Area Master table (F1514).
- Retrieves GLOA and GLA change worths from the Area Master table (F1514).
Processing options enable you to define how the system performs the computations, along with whether the estimations ought to be performed for all lease statuses and lease types. You can likewise run the program for specific building (company system) category codes to figure out tenancy for a group of structures (for example, the tenancy on A-rated residential or commercial properties).
You can run and save several versions of the R15141 program. For instance, you can run the program using location worths from the first of the month and then run the program again utilizing area worths from completion of the month. You can also run the R15141 program to get GLA and GLOA outcomes for a specified area meaning to ensure a more accurate denominator computation for share element denominator and occupant exclusion rule computations.
When you run the R15141 program, the system updates the Gross Lease Occupied Areas table (F15141). GLOA and GLA change location types defined in Area Definitions table (F15142) will be utilized to adjust the values for GLOA and GLA that are populated in the F15141 table.
Note. You must run the Gross Lease Occupancy Refresh program (R15141) for expenditure involvement when using the Share Factor Denominator Revisions program (P150122) and the Tenant Exclusion Revisions program (P150120) due to the fact that these programs retrieve values from the Gross Lease Occupied Areas table (F15141).
Running the Gross Lease Occupancy Refresh Program
Select Tenant & Lease Information (G1511), Gross Lease Occupancy Refresh.
Setting Processing Options for Gross Lease Occupancy Refresh (R15141)
Processing choices enable you to specify the default processing for programs and reports.
Options
1. Start Date For Generation and 2. End Date For Generation
Specify the beginning date or the ending date that the system uses to compute gross leasable areas (GLA) and gross lease occupied locations (GLOA), based upon the lease date.
3. Gross Lease Area Calculation Method
Specify a computation approach from UDC table 15/OM that identifies the occupied location for a system. Values are:
1: Select location worths since the very first day of the month.
2: Select location values since the last day of the month.
3: Select location worths as of the 15th day of the month.
4: Select a typical area for the month. (Average = Total occupied area/ Days in the month.)
4. Refresh Action
Specify which actions occur when you run the Gross Lease Occupancy Refresh (R15141). Values are:
Blank: Delete and refresh (default). The system will erase records from the Gross Lease Occupancy Areas table (F15141) based on the value in the Deletion Method processing option. The system will then re-calculate occupancy.
1: Delete just. The process will end after the system erases records from F15141.
Note. If you enter 1 in the Deletion Method processing option, you need to still get in a computation method and location meaning to figure out the records the systems selects for deletion.
5. Deletion Method
Specify how records are selected for removal from the Gross Lease Occupied Area table (F15141). Values are:
1: Delete records based upon data selection, date range, calculation method, and location definition worths in the processing alternatives.
2: Delete all records in the F15141 table.
6. Area Definition
Specify the area definition to utilize to determine the occupied location for a system.
The base area type is used to determine unadjusted location values for GLOA and GLA. If you enter adjustment area types for GLOA and GLA, the system will apply those location totals up to the unadjusted location values for GLOA and GLA.
7. Include Committed as Occupied
Specify whether an unit is inhabited or vacant for the time duration from the dedication date to the lease start date. Values are:
Blank: The unit is vacant.
1: The unit is occupied.
Lease Status
Specify which rents to select for processing based upon the lease status
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