Lease Components Terms & Conditions

Lease Administrators and Accountants must enter terms and conditions in the lease components. This information will then be pushed down to the activation groups, where you will be able to specify which term will likely be executed.

This page should be filled out at contract inception, when the Contract Phase is "Initial" and the Lease Component Status is "Define".

The following term categories can be added:

To facilitate the creation of an irregular payment schedule, terms can also be uploaded via an Excel file.

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