Amendment Upload via Excel

Amendments can also be processed through an Excel upload file, which is useful for updating multiple leases simultaneously.

General Rules for Filling the Template

  1. One Date per LeaseID per Upload
    For each LeaseID, only one applicable date can be included per upload file.
  2. If multiple negotiations occurred at different points in time, they must be uploaded in separate files, in chronological order.
  3. If multiple changes occurred as part of one negotiation (e.g., change in lease fee and lease term), they can all be included in a single file.

  4. No Amendment Number Field

  5. The Amendment Master in the Excel file does not contain the Amendment No. field.
  6. The tool auto-calculates the amendment number on upload.

    • Example: If there is already Amendment No. 1 for a LeaseID, the tool will automatically assign the new entry as Amendment No. 2.
  7. Limited Fields

  8. The Amendment Upload template contains only the fields required for calculation.
  9. It is not the same as the Lease Upload file used for bulk data migration.

  10. Reference Existing Data for Tables
    For tables such as ad hoc payments or user input lease escalations:

  11. Refer to the existing data in the tool before filling in the upload.
  12. If an existing ad hoc payment number or lease escalation number is entered, that value will be amended.
  13. To add a new entry, provide the next sequential number (e.g., next ad hoc/escalation number).

For e.g. there are 3 user input escalations in the tool. Original Lease fee – 10,000

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As a result of negotiation in April 2020, if the 2nd escalation in May 2020 should now be 800 instead of 1,000, please put 2 in the escalation number column and 800 in the value. The revised lease fee would now be 11,300 and 11,600 from June 21 onwards.

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However, if there is a rent reduction of 200 from August 2020 till June 2021, please add a new escalation number and put the details.

img Thus, the lease rental would be 11,300 from August 2020 and 11,600 from June 2021.