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REVENUE POOLING Application Setting
Group. OWNERSHIP |
Type. Function |
Application. OVOS |
Description. Activate Revenue Pooling. Revenue Pooling functionality allows for the collection of revenue into pool accounts which are then distributed to participating owners at the end of the period.
Internal Name. TRUST_ACCOUNTING
Property Determination. With the activation of this application function, an ownership property adds the functionality where the owners of condominium rental units split the revenue and fees with owners in the pool based on the points/rating defined on their contracts.
Activation / Inactivation Rules. |
Available when the OPV_<version number> Opera Vacation Ownership license is active. |
Available Values. |
Y- Yes N- No |
Add On Licenses/Country Specifics. |
<none> |
Other Application Settings. |
Following application settings are displayed when the Ownership>Revenue Pooling application function is set to Y: Ownership>Reserve Accounting Ownership>Hold AR Revenue |
Affected Areas
Menus / Screens / Fields. |
Ownership>Revenue Pools, Ownership>Reserve Accounts Ownership>New Contract, Ownership>Update Contract Configuration>Cashiering>Codes>Transaction Codes Configuration>Ownership>Unit Elements Configuration>Ownership>Revenue Pools Configuration>Ownership>Period Definition>Year Configuration>Ownership>Period Definition>Period |
Reports & Report Forms. |
<none> |
Permissions. |
<none> |
Other Areas. |
<none> |
