Defining a valuation setup
-
Select [CDR module] > Setup > Valuation Setup.
The Valuation Setup form is available for the Building Permits, Project, and Use Permits modules.
- Click Add above the grid.
-
Specify this information:
- Use Group
- Specify the identification code for the intended use of the construction.
- Construction Type
- Specify the type of material used in the construction.
- Valuation Modifier
- Specify the identification code for the market price modifier. The modifier is used to adjust the construction item's cost to match the market price for a specific location. Infor Public Sector will multiply the calculated valuation by the multiplier associated with the selected modifier code.
- Multiplier
- Specify the cost per unit of the construction item.
- Use Square Footage
- Select True or False. If you select True, then the building area that you specify when you record a valuation detail will be added to the total square footage of the application.
- Specify effective and expire dates if you want to limit when the valuation setup is effective.
- Click Save.