NetLessor Index Rates List
OVERVIEW
When variable lease payments are dependent on an index or rate, NetLessor can capture the index or rate upon which the lease rate is dependent.
Prerequisite
All required accounts should already be set up and configured in the chart of accounts
- Refer to the Accounting Decisions & Account Usage article for additional details on each account type.
STEP BY STEP PROCESS
- Navigate to the account mapping setup page by accessing NetLessor > NetLessor Setup > Manage Index Rates
- Select the New NetLessor Index Rates button to bring up the variable payment setup page
- Enter the name of the Index Rate and click Save
- To edit or view an existing index rates, select edit or view to the far left of the screen