A sales close gives mall finance a turnover figure. The lease agreement determines how that figure enters rent. Mall Metrics brings sales basis policies, agreement billing terms, rent calculation views and billing reports into a commercial workflow for reviewing a tenant and billing month.
Choose among projected rent, billing readiness, final rent calculations, draft and issued invoices, revisions, and agreement-rule history. The selected report explains how to interpret a projection while the billing period remains open.
Read the three monthly sales sources side by side: POS sales, daily manual submissions and CA-certified sales. The report exposes a separate difference for each pair.
Start with the agreement version, effective dates, sales basis and billing schedule. For example, an illustrative Gulf shopping centre agreement might use the higher of AED 15,000 or 7% of eligible monthly sales. At AED 240,000 of eligible sales, the percentage calculation is AED 16,800. Another market may refer to turnover rent as percentage rent. The applicable clause determines the calculation. A finance reviewer also needs the treatment of returns, any approved adjustments and prior billing for that period.
The Projected Rent Summary shows the billing month, tenant, evidence-through date, completeness, actual sales, forecast sales, actual rent, projected rent, period state and business status. This helps finance explain how much of an in-month projection rests on available sales. Follow the relevant stages through Billing Readiness, Rent Calculations and Invoice Workbench, then consult Issued Invoices & History for the issued record. A projected amount, a draft invoice and an issued invoice each answer a different question.
Lease Billing Reports offers seven report selectors. Alongside the projected-rent view, the choices include a Revision & Note Register and an Agreement & Rule Audit. In a demonstration, begin with the populated Projected Rent Summary, then ask to see the specific register and period your finance team uses. Bring an anonymised agreement and month-end statement to trace the basis from tenant sales to the billing review.
Read the worked turnover-rent example · Book a lease billing demo
See how tenant submissions become a finance review and a management brief.
Mall Metrics