NetLease Manage Index Rates List
Overview
When variable lease payments are dependent on an index or rate, NetLease can capture the index or rate upon which the lease rate is dependent. The list of rates available for selection is managed within NetLease setup center category.
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
- Create a new index or rate by navigating to the Index Rate List page through Customization > Lists, Records, & Fields > Lists and select the NetLease Index Rates list
- Inactivate any current index rates or add new as desired and select Save