NetLease Add-On module
Overage rent accounting in NetSuite
Still tracking variable lease payments in spreadsheets?
The Percentage Rent add-on for NetLease calculates overage rent on top of base rent and posts it to your amortization and billing schedules, all inside NetSuite.
Common percentage rent challenges
Percentage rent looks simple until you actually have to calculate it. The sales figures, the breakpoints, the tiers, and the timing all have to line up, and standard tools were not built for it. These challenges surface in several ways.
The benefits of NetLease’s Percentage Rent module
Percentage Rent runs inside the NetLease workflows your team already uses. There is no separate system to learn and no data leaving NetSuite. You add one contract provision to a lease and the variable expense flows through your normal schedules.
Natural and artificial breakpoints
Let NetLease calculate the breakpoint straight from the base rent on the lease or enter an artificial breakpoint yourself. Either way, the number that triggers your variable rent is set once and applied automatically.
Automatic calculation
NetLease calculates the variable expense every month using your sales and breakpoints. No rebuilding formulas or manual math each month.
Built-in sales search
Pull revenue by period directly from NetSuite with a saved search for every lease. If your numbers come from outside NetSuite, you can upload them by CSV or enter them manually.
Tiered provisions
Stack multiple provisions over the same period for increasing, decreasing, or tiered percentages. NetLease applies them in the correct order based on the sales breakpoint, so you don't have to track the sequence by hand.
Flexible billing
Recognize the variable expense monthly even when you only bill quarterly. NetLease handles payment frequency and the gap between expense and billing.
One clear view
See every lease, payment, and variable expense laid out in one place inside NetLease, instead of scattered across spreadsheets.
Explore Percentage Rent
Walk through how a percentage rent clause is set up and calculated inside NetLease, using the workflows you already know.
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Why choose Percentage Rent
Explore the features of Netgain's percentage rent software
Percentage rent clause provision
A dedicated contract provision sits on the lease and holds your calculation method, breakpoint, percentage, and date range. It is kept separate from your amortization schedule, so base rent and variable rent stay clean.
Natural and artificial breakpoints
Choose a natural breakpoint calculated from base rent or set an artificial breakpoint as a fixed amount. Both are standard percentage rent terms and both are supported.
Automated sales calcualtion
Click to calculate sales for the month and NetLease runs the saved searches across every provision and populates the figures for you.
CSV upload and override
When sales come from an external source or need adjustment for specific returns and refunds, upload them by CSV or enter them directly.
Increasing, decreasing, and tiered rates
Apply multiple provisions to the same period and let NetLease order them by breakpoint, including monthly resets when your contract requires them.
Expense and billing automation
The variable amount posts to your normal amortization journal and appears as an added line on the NetLease-generated bill, accounting for deferred timing between expense and payment.
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Simplify
percentage rent
Set it up once and let NetLease handle the calculation, the schedules, and the billing, with the speed and accuracy of working natively in NetSuite.
Percentage rent software FAQs
Percentage rent, sometimes called overage rent, is a variable lease payment owed on top of base rent, usually a percentage of a tenant's sales above a set sales breakpoint. It is common in retail real estate.
No. Percentage Rent is an add-on module to NetLease. It is priced as a percentage on top of your standard NetLease fee and is tied to your number of leases.
You add a percentage rent clause as a contract provision on the lease, set your breakpoint and percentage with a date range, and NetLease calculates the variable expense each period and posts it to your schedules and bills.
You can pull revenue by period from NetSuite with a saved search and click to populate it automatically. If your sales include complex returns or refunds, or come from an external system, you can upload them by CSV or enter them manually.
Yes. Add multiple contract provisions for the same period and NetLease applies them in the right order by breakpoint. Rates that change year to year, and breakpoints that reset monthly, are also supported.
Yes. You can recognize the variable expense monthly while billing quarterly, and NetLease accounts for payment frequency and the timing gap between expense and payment.
ASC 842 does not include variable lease payments in your amortization schedule, and therefore they are not included in reporting. You can still see the full detail on the contract provision inside NetLease.
The best option keeps the calculation native to your accounting system, supports natural and artificial breakpoints, handles tiered rates, and posts straight to your schedules and bills. Netgain's Percentage Rent module does all of this inside NetLease, so accounting for variable lease payments stays in one place.