(Contents) (Previous)


Escalate Tab

Overview

Selection of the Escalate Tab enables the review of information relating to ???

To access the Escalate tab:

  1. From the Master Menu, select the Fleet Kompact option and Company required.

    The Kestrel Kompact Menu is displayed.

  2. Select the Contract Management option.

    The Contract Management form is displayed.

  3. Select the Open icon.

    The Contract Search form is displayed.

  4. Enter the appropriate information to locate the required agreement.

  5. Select the Edit icon.

  6. Select the Front page shortcut from the menu on the left of the form.

    The contract management Agreement Tab is displayed.

  7. Select the Escalate Tab.

Escalate Tab Dialogue Box

The Escalate Tab Dialogue Box contains the following fields:

Rental Fixed?: Initiates the Fixed Rental escalation process (if blank then the Interest Rate escalation process will be used).

Prime Interest %: This should be set to the latest Prime interest rate as released by Central Government. This is used as basis for the calculations of the Customer Finance Rental. The default value comes from the value held within the Escalation Tab in System Controls.

Prime +/- %: An additional +/- percentage value may be added to the Prime Interest %.

Contract Interest: The Prime Interest % plus the Prime +/- %. This is the percentage used to calculate the Customer Finance Rental.

Escalate Rental: A checkbox which, if ticked, denotes that the rental element of the contract is to be included in the escalation uplift process.

Escalate Rental %: The percentage value by which the rental element is to be escalated.

Escalate XS Rate: A checkbox which, if ticked, denotes that the excess element of the contract is to be included in the escalation uplift process.

Escalate XS Rate %: The percentage value by which the excess element is to be escalated.

Escalate Maintenance: A checkbox which, if ticked, denotes that the maintenance element of the contract is to be included in the escalation uplift process.

Escalate Maintenance %: The percentage value by which the maintenance element is to be escalated.

Next Escalate Date: Calculated by adding a year from Start Contract and then on each successive annual anniversary.


(Contents) (Previous)