Escalations allows the user to setup discrete escalation percentages for all sundries specified on the database. Once you have setup your escalation type, you can then assign escalation dates and an escalation percentage.
To create an escalation:
- Select the database you want to put an escalation on and then select the Budget Configuration module.
- Select Escalations and then the Create New button. Enter the details for your escalation, and then you can Save and Add Another or Save and Close.
Note
You will need an operational cost setup before having access to assigning Operation Costs as an escalation.
Once you have setup your escalation type, you may now assign that escalation dates and an escalation percentage. To assign dates and percentage:
- Select your escalation and then the Set Values button.
- Select the Add button and enter the dates and percentage of the escalation. Select Save when you're finished.
Note
Escalations will use an asset's In-Service date as a start date for Escalations if an OPEX's Start date is before the In-Service Date.
The process of creating escalations is also demonstrated in the video tutorial below: