Lease Early Termination Details

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• Lease Early Termination Enquiry Details

  Purpose To calculate the Termination Amount on a Lease account up to a user specified date If required, a communication can be created to support a verbal quote provided Access from the Lease Account Details dialog Dialog Details These will change ...

• Creating a Lease Early Termination Quote

  Purpose This function is used when a client inquires of the amount required to settle their lease Access Lease | | Process The dialog that displays will be different depending on the Lease Early Termination method The enquiry and quote process will ...

• Rental Standard Early Termination Details

  Purpose This will be used for all leases that recognise their income under the No Deferral Method (Rental Income), and that are not to use the NPV calculation. Access Access Lease | | Dialog Details Early Termination Input Selection Field Explanation ...

• Early Termination and Write Off Simultaneously

  Purpose A write off can be performed at the same time as the Early Termination by completing the Write Off section of the Early Termination dialog. The write off functionality is exactly the same for all termination methods. The process is described ...

• Write Off Subsequent to a Lease Early Termination

  Purpose There are times when an account balance needs to be Written Off after an Early Termination has taken place. The Write Off functionality is exactly the same for all termination methods. The process is described here for the Rental Standard ...