Prorate Calculator Tab

Make the following menu selections to display this tab:

eSite—Leasing—Prorate Calculator

eSite calculates rents on a monthly basis. If a resident moves in or out of a unit on any day other than the first of the month it calculates a prorated amount of rent to bill the resident. For instance, Resident A leased unit 101 and plans to move into the unit on 05/15/2006. eSite bills Resident A for occupying the unit from the dates 05/16/2006 through 05/31/2006.

Use this tab to enter move-in and move-out dates to quickly calculate prorated billing and credit amounts.

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Prorate Type

Identifies the prorate type selected to compute the prorate amounts.

Move In

Enter the date the resident moved in or click the Calendar button to display on electronic calendar. eSite uses this date to calculate the prorated move-in charge.

Move Out

Enter the date the resident moved out or click the Calendar Button to display an electronic calendar. eSite uses this date to calculate the prorated move-out charge.

Lease Charge

Enter the current lease charge or click the Calendar Button to display an electronic calendar. eSite uses this amount to calculate the prorated billing or credit amount.

FFP Begins

The system defaults in the first full period date based on the current system date. Accept the default or enter a different date. To enter a different date, type the date or click the Calendar Button to display an electronic calendar.

Frequency

Accept the default or select a different billing frequency from the drop-down list.

Monthly—(default) lease charges are billed on a monthly basis.

Annually—lease charges are billed on an annual basis.

Semi-Annually—lease charges are billed on a semi-annual basis.

Quarterly—lease charges are billed on a quarterly basis.

Weekly —lease charges are billed on a weekly basis.

Daily—lease charges are billed on a daily basis.

Move In Charge

The computed prorate move-in charge.

Move Out Credit

The computed prorate move-out credit amount.

Move Out Charge

The computed prorate move-out charge.

Total

Total lines are listed for the following columns: Lease Charge, Move-In Charge, Move-Out Credit, and Move-Out Charge.

See Also

Prorate Calculator Overview

Prorate Calculator Procedures

Prorate Calculator Tabs

 

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