PLM Meters Setup

Use this page to set up information for meters. Meters are used for charges that are based on consumption usage, such as electricity charges.

From this page, you can also review the status of a meter and to which lease it is attached.

Set Up a Meter

To set up a meter, follow these steps: 

  1. Specify a unique meter No. and a descriptive meter Name.
  2. Select the meter Reading Type.
    The default value is Reading.
  3. If needed, specify the Initial Reading for the meter.
  4. If you want to be able to import meter data that accumulates with the existing values, select the Accumulate on Import option.
  5. Repeat these steps to add more meters.

Meters are assigned to leases on the PLM Lease page.

Note icon. Note: Meters that are attached to a lease cannot be deleted.

Review the following notes about editing a meter:

  • The meter No. can be edited only before the first invoice that uses the meter is created.
    After the first invoice that uses the meter number is created, the meter number cannot be changed.
  • The meter Name can be edited any time.
  • The Initial Reading can be edited only when the meter is not attached to a lease.
  • The Status and Lease number are automatically updated based on the lease activity.

Fields

This page contains the following fields: 

Meters Fields Table
Field Description
No.

Specify the unique meter number.

Meters can be reused by different leases at different times, but can be used by only one lease at a time.

Name

Specify a descriptive name for the meter.

Reading Type

Select how the meter values are entered on the Meter Readings page:

  • Reading: Allows a user to manually enter the current reading value. The consumed amount is automatically calculated based on the current and previous meter readings.
  • Consumption: Allows a user to manually enter the consumption value. The current and previous meter reading values are automatically calculated based on the consumption amount.

After invoices have been created for the meter, the meter reading type cannot not be changed.

Initial Reading

Displays the initial reading for the meter.

For a Reading meter reading type, this value is used by the meter when it is attached to a lease and is read-only. If the meter is not attached to a lease, you can edit the value.

When the lease that is attached to the meter is terminated, the initial reading value is automatically updated with the value of the reading of the last meter line that has been processed.

For a Consumption meter reading type, this value is zero (0) and cannot be changed.

Last Reading

Displays the last available reading for a meter. Read-only.

The value is a link to the a page that shows all the billing details of where the last reading is used.

Total Consumption

Displays the total consumption of the meter from all leases. Read-only. Available for Consumption meter reading type.

The value is a link to the a page that shows all the billing details of where the meter was used.

Status

Displays the status of the meter. Read-only.  

  • Available: The meter is available and can be attached to a lease.
    By default, a new meter is available to be assigned to a lease.
  • Used: The meter is currently attached to and used by a lease.

When reviewing the status of a meter, note the following: 

  • The status of the meter is based on the lowest level to which it is linked to in a lease and the system date. For example, a meter is attached to a lease that terminates on October 31, 2021. The status of the meter is Used up to and including the date October 31, 2021. On November 1, 2021 the status of the meter changes to Available.
  • A meter with the reading type Consumption has a status of Available when the system date is later than the termination date of the lease to which it is attached. For example, the meter is available when the lease (to which the meter was attached) is terminated on March 31, 2020 and the system date is April 1, 2020.
  • A meter with the reading type Reading has a status of Available when the following conditions are satisfied:
    • The system date is later than the termination date of the lease to which it is attached.
    • Invoices for all remaining billing periods for the lease have been created. No outstanding billing lines exist.
  • A meter can be attached to only one lease at a time.
  • Meters that have a status of Used, do not appear in the Meter number list on the Lease Charges FastTab of the PLM Lease page.
  • If the meter is attached to a lease that has a termination date in the future, the meter cannot be attached to a lease with a future date (after the termination date) until the system date has passed the termination date. For example, the current system date is January 10, 2020. Meter 1 is attached to a lease that terminates at a future date of December 31, 2025. Meter 1 cannot be attached to a lease that has a start date of January 01, 2026 or later until the system date passes December 31, 2025.
Lease Number Displays the lease number that is or was attached to the meter. Read-only. If MULTIPLE appears as the value, selecting the text shows all lease numbers previously and currently attached to the lease.
Active Lease Number Displays the lease number that is currently attached to the meter. Read-only. When no lease is attached to the meter, the value is empty.
Accumulate on Import

Indicates whether imported meter reading or consumption values are accumulated with the existing values: 

  • Selected: Imported meter reading values are accumulated with the existing values.
  • Cleared: Imported meter reading values overwrites existing meter reading values.

When a meter is used by a lease, this setting cannot be changed.