Division Alternate Waiver Settings

The parameters in this window only apply when the Alternate DW Calculation has been activated in the Company Contract Parameters, which requires the Standard Tax method to be set in the Company Taxing Parameters.
Refer to Company Alternate Waiver Settings for details on this option.

Division settings over-ride the Company Alternate Waiver Settings, but any customer specific rate as set up in Customer Damage Waiver Settings over-ride the Division rate.
The prompts in the Alternate DW by Division window include:

Company Settings:
The Company DW values as setup in Company Alternate Waiver Settings are displayed for reference including:

DAMAGE WAIVER %

This is the default percent rate for Waiver Type 1 to be used when no waiver rate is defined for DW1 for the customer or division on the document.

This is the DW rate that is displayed for Waiver Type selection of DW1 in the Group, which determines the waiver rate for the products in that Group.
The Group displays this Company default, though the Division or Customer rate would over-ride it.

DAMAGE WAIVER 2 %

This is the default percent rate for Waiver Type 2 to be used when no waiver rate is defined for DW2 for the customer on the document.

This is the DW rate that is displayed for Waiver Type selection of DW2 in the Group, which determines the waiver rate for the products in that Group.
The Group displays this Company default, though the Customer rate would over-ride it.

TAX 1 DAMAGE WAIVER

This box appears checked if Tax 1 is to be charged on the calculated waiver charge on the document.
This box appears uncheck if the waiver charge is Tax 1 exempt.

TAX 2 DAMAGE WAIVER

This box appears checked if Tax 2 is to be charged on the calculated waiver charge on the document.
This box appears uncheck if the waiver charge is Tax 2 exempt.

GROSS RENTAL BASE CALCULATION LIMIT $

This value is used to determine the appropriate value for each rental product on the document, on which to base the Damage Waiver.
For details on how the calculation uses the rental amount, pre-discounted rental amount, or the Gross base to determine the waiver charge, refer to Company Alternate Waiver Settings.

Note: If no value is entered for the Gross Rental Base Calculation Limit $ then $7,500 is used.

Division Settings:
The Division DW values can be used to over-ride the Company settings at this store, including:

CHARGE DAMAGE WAIVER

Select one of the following options to apply to documents for this division:

• Leave this field blank (Based on Company) to use the Company settings defined in the Company Alternate Waiver Settings for this division.
  The division DW setup fields are then disabled.

• Type Y (Yes) if documents from this division are eligible for waiver charge billing and the Division settings are different from the Company Alternate Waiver Settings.
  The Rate for DW1 and Tax exemption flags can then be entered in the fields below.

• Type N (No) if this division does not bill the customer for any waiver charges.
  The division DW setup fields are then disabled and even if a customer has been flagged in Customer Information to be billed for Damage Waiver, no waiver amounts will be charged on Contracts, Reservations, Rental Quotations, and Miscellaneous Invoices from this division.

DAMAGE WAIVER %

Enter the percent rate for Waiver Type 1 to be used for documents for this division when no waiver rate is defined for DW1 for the customer on the document.

Note: There is no DW2 rate at the division level, so either the Customer or the Company DW2 rate applies for products in a Group that has selected to use DW2.

TAX 1 DAMAGE WAIVER

Check this box if the calculated waiver charge using this division DW1 should be charged Tax 1 on the document.
Uncheck this box if the waiver charge is Tax 1 exempt.

TAX 2 DAMAGE WAIVER

Check this box if the calculated waiver charge using this division DW1 should be charged Tax 2 on the document.
Uncheck this box if the waiver charge is Tax 2 exempt.

Finished?

Click OK to accept the settings and exit the Division Damage Waiver Parameters window.