Advanced Retail automates the entire percentage rent process. You indicate the breakpoints, percentages and effective dates. Then Gold does the rest by calculating the overage rent for you, based on tenant sales reports or estimated figures.
Gold also recalculates overage rent at year-end based on audited sales figures.
Because percentage rents can vary by department or sales category, Advanced Retail lets you track and calculate them with user-defined sales categories. For further analysis, use Advanced Retail's store type feature to assess sales performance by business type. Advanced Retail also makes it easier to investigate sales trends and communicate them to executive management, lenders, investors and tenants. Gold comes with multiple, pre-defined reports and inquiries, which can be modified using Gold's Report Designer or Inquiry Designer . Map Copyright 2000 Timberline Software Corporation.