Cumulative Graduated Leasing: Example

This example provides information on the calculations for the cumulative graduated leasing functionality.

On the Cumulative Graduated Leasing FastTab on the Sales Based page, specify the following amounts and percentages: 

Graduated Leasing Table
Breakpoint Start Amount Percentage
25,000.00 1%
50,000.00 2%
75,000.00 3%
100,000.00 5%

Reported sales amounts for each period are as follows: 

Reported Sales Amounts Table
Period Start Date Period End Date Reported Sales Amount
January 01, 2020 January 31, 2020 10,000.00
February 01, 2020 February 29, 2020 5,000.00
March 01, 2020 March 31, 2020 15,000.00
April 01, 2020 April 30, 2020 25,000.00
May 01, 2020 May 31, 2020 30,000.00

The accumulated sales amounts for the periods are as follows: 

Accumulated Sales Amounts Table
Period Start Date Period End Date Accumulated Sales Amount
January 01, 2020 January 31, 2020 10,000.00
February 01, 2020 February 29, 2020 10,000 + 5,000= 15,000.00
March 01, 2020 March 31, 2020 10,000 + 5,000 + 15,000 = 30,000.00
April 01, 2020 April 30, 2020 10,000 + 5,000 + 15,000 + 25,000 = 55,000.00
May 01, 2020 May 31, 2020 10,000 + 5,000 + 15,000 + 25,000 + 30,000 = 85,000.00

The amount due based on the accumulated sales amount per period is as follows: 

Amount Due Table
Period Start Date Period End Date Amount Due
January 01, 2020 January 31, 2020 0.00
February 01, 2020 February 29, 2020 0.00
March 01, 2020 March 31, 2020 (30,000.00-25,000.00) * 1% = 50.00
April 01, 2020 April 30, 2020 (55,000.00-50,000.00) * 2% + (50,000.00 - 25,000.00) * 1%= 350.00
May 01, 2020 May 31, 2020 (85,000.00-75,000.00) * 3% + (75,000.00 - 50,000.00) * 2% + (50,000.00 - 25,000.00) * 1%= 1050.00

The billed amount is calculated as follows: Billed Amount = Sum (all previous billing period Billing Amount).

Billed Amount Table
Period Start Date Period End Date Billed Amount
January 01, 2020 January 31, 2020 0.00
February 01, 2020 February 29, 2020 0.00
March 01, 2020 March 31, 2020 0.00
April 01, 2020 April 30, 2020 50.00
May 01, 2020 May 31, 2020 50 + 300 = 350.00

The billing amount is calculated as follows: Billing Amount = Current Amount Due – Current Billed amount.

Billing Amount Table
Period Start Date Period End Date Billing Amount
January 01, 2020 January 31, 2020 0.00
February 01, 2020 February 29, 2020 0.00
March 01, 2020 March 31, 2020 50.00
April 01, 2020 April 30, 2020 350 - 50 = 300.00
May 01, 2020 May 31, 2020 1050 - 350 = 700.00