You can apportion the non-sellable part of a VAP budget over the sellable lots on a development. For example, this allows the cost of an apartment shell structure or garage block to be spread over the sellable lots associated with it.
To specify the ratios for apportionment:
In development Details, click the More > tab, then click the Apportionment tab.
Click
to add a new record.Enter a source lot - the non-sellable lot.
Enter a target lot - the sellable lot to spread the costs over. You can enter several records for the same source lot.
Select a split method:
Manual. This allows you to specify a figure that is used as the ratio for apportioning the costs. For example, if the non-sellable lot is a garage block with four garages, of which two belong to lot 001, and the other two belong to lots 002 and 003, you could enter three records as follows:
Source Lot | Source Template | Target Lot | Target Template | Split Method | Split |
901 | Garage Block A | 001 | Stuart | Manual | 2.0000 |
901 | Garage Block A | 002 | Tudor | Manual | 1.0000 |
901 | Garage Block A | 003 | Tudor | Manual | 1.0000 |
6. Notional Area, floor area, Density, Frontage. These allow you to use the value from a field on the lot record as the ratio for apportioning costs. For example, if the non-sellable lot is the structure of a block of apartments, you might choose to apportion the costs on the basis of the floor area of each of the apartments:
Source Lot | Source Template | Target Lot | Target Template | Split Method | Split |
910 | Apartment Shell | 051 | Carmona | floor area | 1,250.0000 |
910 | Apartment Shell | 052 | Merida | floor area | 1,500.0000 |
910 | Apartment Shell | 053 | Vitoria | floor area | 1,000.0000 |
7. Click
.
8. Do this for each lot to which you want to allocate costs.
To apportion the budgets:
Go to Apportion Budget.
Specify the development for which you want to apportion the costs, the source budget (that has the costs applied to non-sellable lots), and the target budget to receive the apportioned costs.
You must set up the target budget in advance.
Select the output options for the report and click
.Coins ERP+ runs a background process to write the apportioned costs into the target budget.