16 How to enter Turnovers
  • 18 Jan 2024
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16 How to enter Turnovers

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Article summary

Property Manager may need to track tenants’ turnovers. Turnover tracking feature enables to set up Lease Contract prices based on Turnover.

Use case:

Enter Customer’s Turnovers for the Lease Unit LU00119 for November.

To enter Turnovers you need to:

  • Go to Journals from the Role Center and open Turnover Journal window.

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  • Posting date. Enter the date that would be used as the posting date on the Journal line. In this case, we would set 12/01/2021 since we are posting for November.
  • Lease Unit. Select the Lease Unit for which the Turnovers are being entered. In this case, we have Lease Unit LU00119.
  • Lease Contr. No. Select the Lease Contract of a Lease Unit that Turnovers are being entered.
  • Sales Amount. Enter the amount of sales that was collected in the specified Lease Unit for the specified period.
  • Customer number. Enter the number of customers that made any purchase in the Lease Unit for the specified period.
  • Visitors Number. Define the number of visitors that entered the Lease Unit for the specified period.
  • Turnover Period. Set the period that amounts are being entered: day, week, month, quarter or a year.
  • From and To Dates. Enter the starting and ending dates of Turnover Period.
  • Analytical. The turnover amounts could be entered for analytical or adjustment purposes. The system wouldn’t use the Analytical Turnover for calculations, only adjusted ones.

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When all the necessary information is entered click Post action button to post new Turnovers' entries.

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After the Turnovers' entries are posted, user could review current Lease Unit’s Turnover for a certain period from Lease Unit or Lease Contract card:
• Open Lease Unit/Contract card by search or from menu.
• Go to Navigate, then Contract and click Turnover Entries action button.

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• In the Turnover Ledger Entry you can see the information that was entered in the Turnover Journal.

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