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Configurable Quote Lines and Calculations and other Enhancements (Doc ID 2188585.1)

Last updated on APRIL 02, 2018

Applies to:

Oracle Lease and Finance Management - Version 12.2.5 and later
Information in this document applies to any platform.

Purpose

This note provides a description of asset management enhancements included in release 12.2.5 delta 3.  The changes contain:

1.      Configurable Quote Lines and Calculations

2.      Ability to Manage Receivables on Termination

3.      Termination Quotes Enhancements

4.      Renewal Refinance Enhancements

 

Business Background

Lessors require termination quotes that meet not only the contract’s terms and conditions but also the requirements of the specific termination scenario being offered on the quote.  A termination scenario may determine not only what is quoted but also the pricing of some of the quote components. 

 

In addition, lessors may need to adjust open receivables in a way that enables them to use them as an incentive during termination negotiations.   Also, some lessor organizations require termination billing adjustments that meet their specific policies and standards and payment methods that apply to termination billing only. 

 

Finally, when lessor offer refinance deals to their customers they need the ability to refinance not only termination amounts, but also outstanding receivables and taxes.  They should be able to do this not only for contracts at the end of term but also for evergreen contracts. 

 

Scope

 

Details

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In this Document
Purpose
 This note provides a description of asset management enhancements included in release 12.2.5 delta 3.  The changes contain:
 1.      Configurable Quote Lines and Calculations
 2.      Ability to Manage Receivables on Termination
 3.      Termination Quotes Enhancements
 4.      Renewal Refinance Enhancements
  
 Business Background
 Lessors require termination quotes that meet not only the contract’s terms and conditions but also the requirements of the specific termination scenario being offered on the quote.  A termination scenario may determine not only what is quoted but also the pricing of some of the quote components. 
  
 In addition, lessors may need to adjust open receivables in a way that enables them to use them as an incentive during termination negotiations.   Also, some lessor organizations require termination billing adjustments that meet their specific policies and standards and payment methods that apply to termination billing only. 
  
 Finally, when lessor offer refinance deals to their customers they need the ability to refinance not only termination amounts, but also outstanding receivables and taxes.  They should be able to do this not only for contracts at the end of term but also for evergreen contracts. 
Scope
Details
 Solution Overview
 1.      Configure Quote Lines and Calculations
 2.      Manage Receivables on Terminations
 3.      Enhance Termination Quotes
 4.      Enhance Renewal Quotes

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