Applicable Components and Pay Plans

This page allows you to specify the components and pay plans of sales which are mapped to a particular UOM or for a particular floor/tower/block & unit. You can specify whether interest is included or not if applicable. If debit notes need to be generated at the time of adjustment, the “Post to FB” flag needs to be set as yes. The interest is booked in a separate a/c code and the date effectivity for rate is also supported. For bookings beyond completion date, you can specify whether service tax is applicable or not for principal and interest portion.

Select the “Applicable Components and Pay Plans” link at the bottom of the “Scheme Details - Sales” activity.

The “Applicable Components and Pay Plans” page appears.

The system displays the following in the “Scheme Details” group box:

Scheme Code	The code identifying the scheme.
Scheme Name	The name of the scheme.
Scheme Type	The type of the scheme for which the login user/company is mapped.
Company Code	The category of the scheme.
Company Name	The code identifying the company to which the login user is mapped.
Finance Book	The finance book of the company.

Modify the following details in the “Component Details” multiline:

Code

The code identifying the component to which the scheme is mapped. Mandatory

The system displays the following in the “Component Details” multiline:

Component Description	The detailed description of the component.
Type	The type of the component to which the scheme is mapped.

Modify the following details in the “Component Details” multiline:

Payplan Code

The code identifying the pay plan to which the scheme is mapped. Mandatory

The system displays the following in the “Component Details” multiline:

Payplan Description	The detailed description of the pay plan.
Payplan Type	The type of pay plan to which the scheme is mapped.

Enter the following details in the “Component Details” multiline:

Floor	Use the drop-down list box to select the floor name of the property.
Block	Use the drop-down list box to select the block name of the property.
Tower	Use the drop-down list box to select the tower name of the property.
Price	The price assigned for the property.
Price Per	Use the drop-down list box to specify the price per unit area. The combo is loaded with the options “Blank”, “NOS” and “SQFT”.
Interest Rate	The interest rate applicable against the component.
Interest Included?	Use the drop-down list box to specify whether the interest is included or not. The combo is loaded with the options “No” and “Yes”.
Account Code(Interest)	The code identifying the account if the interest is included.
Post To FB	Use the drop-down list box to specify the whether the debit note needs to be generated or not. The combo is loaded with the options “No” and “Yes”.
Unit	Use the drop-down list box to select the unit of measurement of the area.

The system displays the following in the “Component Details” multiline:

Component Rate

The component rate of the property.

Enter the following details in the “Component Details” multiline:

Effective From	The date from which the component rate is effective.
Effective To	The date until which the component rate is effective.
Parking Type	Use the drop-down list box to select the type of parking.
Configuration	Use the drop-down list box to select the configuration details of the property. The configurations can be 2BH or 3BH +S as defined in categories master – configuration.

The system displays the following in the “Component Details” multiline:

Account Code	The code identifying the account where the revenue posting of the component occurs.
Usage ID (Taxable)	The code identifying the taxable usage of the account code.
Usage ID (Non-Taxable)	The code identifying the non taxable usage of the account code.

Enter the following details in the “Component Details” multiline:

S.Tax Appl. After Compl. (Principal)	Use the drop-down list box to specify whether the service tax is applicable for principal portion. The combo is loaded with the options “Blank”, “No” and “Yes”.
S.Tax Appl. After Compl. (Interest)	Use the drop-down list box to specify whether the service tax is applicable for interest portion. The combo is loaded with the options “Blank”, “No” and “Yes”.
Include In	Use the drop-down list box to specify whether the service tax to be included in the component. The system displays “Blank” by default on launch of the page.

Note: At lease one row should be selected in the multiline.

Click the “Save Details” button to save (create/modify) the applicable pay plan and components details to the scheme.

To proceed, carry out the following

Select the “Applicable Rebates/Charges” link to map the rebates and charges.
Select the “Configure Forfeiture Parameters” link to map the forfeiture parameters.
Select the “Brokerage Details” link to map the brokerage details.