Dear Experts,
As a new person to SAP REFX need to know more about SALES BASED AGREMENTS ( CONTRACTS) how to calculate the RENTS
1.for exact days
2.for months.
3. If whole contrat is valid only for 15 days how to settle it.
Even though if we give contract start date is mid of the month 15.11.2013, how to calculate for individual days as well as for months.
Requirement scenario is as below.
Rental conditions start date escalation details are as below.
15.08.2013 to 14.11.2013 - - Minimum rent 1000 -- Sales based rent calculation % is 5% based on sales.
and rent escalation as below.
15.11.2013 to 14.11.2014 - Minimum rent 2000 -- Sales based rent calculation % is 8% based on sales.
Even though contract start 15.08.2013. need to settle the rent upto 30.11.2013.
Then it will start from 01.09.2013 to 30.31.10.2013 - month wise.
Again 01.11.2013 to 14.11.2013 -- need to calculate saparate rent.
Your advise with clarity will be highly appriciated.