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ID824 - Contract Termination Date vs Lease Termination Date Overview & Sample:

Notifies of any Contract Expiration Dates NOT matching linked Lease Record Termination Date

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Overview | Samples | Variables | Alert Functionality | Best Practices & Tips |  Related Alerts 

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Overview

Overview

Best practice is to have contracts set to expire when the actual lease expires, typically 3 or 5 years. However, many clients have them expire each year or leave the expire box unchecked (evergreen). This process will list contracts that do not match the lease expiration and update the Contract Expiration date for you. We install in Test Mode first, so you can review the list and process first.

Run Schedule: Weekdays AM

Type of Output: Email

 

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Sample

Sample

ID824Sample.png

 

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Variables

Variables

ID824Variables.png

VariableW: Contract Types to EXCLUDE (separated by comma or leave blank to INCLUDE ALL)

Be sure to enter Contract Type, NOT description:

ID824ContractCode.png

VariableX: Lease Codes to INCLUDE (separated by comma or leave blank to include ALL)

Be sure to enter Lease Code Type, NOT description:

ID824LeaseCode.png

VariableY: Branch Numbers to trigger on (separated by comma or leave blank ton include ALL)

 

 

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Alert Functionality

Alert Functionality

1. Only compares Contract Record to the Lease Record listed on Lease Tab of Contract Record.

2. Will compare Expiration Date of Contract to Terminated Date on Lease Record, reporting on any with difference more than +/- 1-day. For example, if the lease terminates on Monday, as long as the Contract Expiration Date is between Sunday and Tuesday, it will not trigger.

Contract Record Expiration Date:

ID824Contract.PNG

Service Lease Record Expiration Date:

ID824Lease.PNG

3. We will install in Test Mode first, once you are comfortable with the results, then let us know you are ready to go live. Each week we will report on expiration dates changed.

4. Limited to To 250, so reach out to help@ceojuice.com if you want a full list. 

 

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Best Practices & Tips

Best Practices & Tips

1. Set Contract Expiration Date same as Service Lease Record Termination Date and use Contract Rate Schedule to auto increase rates as needed:

ID824BP.PNG

 

 

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Related Alerts

Related Alerts

ID64 - Preview of lease end information for admin to ensure accuracy

 

 

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