The final step in setting up a store, is adding the renewal, insurance, and other reminder information. This information is added on the Lease Tab (Cont) Tab.
For this example, the option to renew the lease must be submitted 1 year prior to the lease termination date. Insurance adjustments are due each year on May 30th. And in the other category, major improvements are due for this store starting around 1/30/2003.
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When the Lease Tab (Cont) tab is clicked, a new menu, "Reminders", is displayed. This menu is only visible when the Lease Tab (Cont) tab is selected. |
Adding a Renewal Reminder
1. From the store information screen click the Lease Tab (Cont ) tab.
2. Click on the Reminders menu and select Renewal. By enabling this reminder, the renewal date selector is displayed. Use the date selector to set the date "10/1/2005". ( This date corresponds to 4 years after the commencement date, or 1 year prior to the lease expiration. )
3. The calendar will now display the renewal icon on the date "10/1/2005". The icon placement on the calendar is automatically updated when the renewal date selector's date is updated.
4. In the text box located to the right of the renewal date selector type "Schedule meeting with CFO regarding renewal of store XYZ".
Adding an Insurance Reminder
1. From the store information screen click the Lease Tab (Cont ) tab.
2. Click on the Reminders menu and select Insurance. By enabling this reminder, the insurance date selector is displayed. Use the date selector to set the date "5/30/2003".
3. The calendar will now display the renewal icon on the date "5/30/2003". The icon placement on the calendar is automatically updated when the insurance date selector's date is updated.
4. In the text box located to the right of the insurance date selector type "Insurance contract may need updating if store expansion occurs."
Adding a Other Reminder
1. From the store information screen click the Lease Tab (Cont ) tab.
2. Click on the Reminders menu and select Other. By enabling this reminder, the other date selector is displayed. Use the date selector to set the date "1/30/2003".
3. The calendar will now display the other icon on the date "1/30/2003". The icon placement on the calendar is automatically updated when the other date selector's date is updated.
4. In the text box located to the right of the other date selector type "Major improvements are due for this store."