Space Lease with Usage and Energy charges - HxGN EAM - 11.07.01 - Feature Briefs - Hexagon

HxGN EAM Contract Management

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English
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HxGN EAM
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Feature Briefs
HxGN EAM Version
11.7.1

A space in a building is leased for $5 per square foot per week. The space is 200 square feet. There are no other charges but for energy. The electricity bill for the building is invoiced based on the floor area, which is 10%. The rate varies and is determined by the electricity bill. Water is also invoiced. The space has its own water meter. Water is charged at $0.01 a gallon with a minimum of 2,000 gallons.

Define this contract as follows, but take into consideration that other ways may lead to the same result:

Charge Category

Subcategory

Charge Level

Invoice

Rate

Min.

Qty.

Energy Related

Type

Invoice %

Usage Charges

Weekly Rent

Transaction

Yes

$5

Energy Charges

Electricity

Transaction

Yes

Floor Area

10

Energy Charges

Water

Transaction

Yes

$0.01

2,000

Submeter

100

Make sure you enter the Usage Quantity (200) and related UOM (square foot) on the Contract Item tab for this space. Or alternatively you can convert the $5 to a $1,000 per month.

The invoice period is from March 10 to April 9, so there are 31 days in the invoice period. The space used 1900 gallons of water and the building used 20,000 kWh at $0.10 a kWh. The utility bill only covered the period until April 5.

The Invoice for this month will be $4,648.57:

Charge Category

Subcategory

Charge Level

Amount

Energy Charges

All

Charge Category

$220

Usage Charges

All

Charge Category

$4,428.57

Energy Charges

Water

Charge Subcategory

$20

Energy Charges

Electricity

Charge Subcategory

$200 (until April 5)

Usage Charges

Weekly

Charge Subcategory

$4428.57 = $5*200*4.428571429 (periods)

The second invoice period is from April 10 to May 9, so there are now 30 days in the invoice period. The space used 2,100 gallons of water and the building used 25000 kWh at $0.10 a kWh. The utility bill only covered the period until May 5. The Invoice for this month will be $4,556.71:

Charge Category

Subcategory

Charge Level

Amount

Energy Charges

All

Charge Category

$271

Usage Charges

All

Charge Category

$4,285.71

Energy Charges

Water

Charge Subcategory

$21

Energy Charges

Electricity

Charge Subcategory

$250 (until May 5)

Usage Charges

Weekly

Charge Subcategory

$4285.71 = $5*200*4.285714286 (periods)