Payments section
Use this section of the form to identify the due date, payment type, expected cash, and other payment details for each line item. The application generates payment line items when the real estate lease record is activated, and when the owned property agreement is activated.
| Item | Description |
|---|---|
| Adjust Payments | Adds a payment adjustment. This action is available for leases only. Click this action on the section bar. Specify the adjustment details and click the Process Adjustment action. |
| Due Date | The date when the payment is due. Click
the Calendar icon  and
select the date. |
| Payment Type | The type of service or item that is
being paid for with this payment. Click the Search icon  and select
from the listed choices. |
| Accounting Type | The type of the accounting method, such as accounts payable (AP) and accounts receivable (AR). |
| Expected Cash Before Tax | The pre-tax cash amount that is expected for this payment. |
| Expected Cash with Tax | The cash plus tax amount that is expected for this payment. |
| Expected Accrual | The expected revenue that is associated with this payment. |
| Expected Expense | The expected expense that is associated with this payment. The form calculates the amount based on the Expected Cash with Tax field and the Expected Accrual field. |
| Status | The status of the payment line item record. |