Download Leasing User Manual - Oracle Documentation

Leasing
Table of Contents
1.
ABOUT THIS MANUAL................................................................................................................................ 1-1
1.1
1.2
1.3
1.4
2.
INTRODUCTION ........................................................................................................................................... 1-1
AUDIENCE .................................................................................................................................................. 1-1
ORGANIZATION .......................................................................................................................................... 1-1
RELATED DOCUMENTS ............................................................................................................................... 1-2
LEASING - AN OVERVIEW......................................................................................................................... 2-1
2.1
INTRODUCTION ........................................................................................................................................... 2-1
2.2
ELEMENTS IN A LEASE STRUCTURE ............................................................................................................ 2-1
2.2.1
Parties to a Lease .............................................................................................................................. 2-1
2.2.2
Leased Asset....................................................................................................................................... 2-1
2.2.3
Lease Period ...................................................................................................................................... 2-2
2.2.4
Types of Lease.................................................................................................................................... 2-2
2.2.5
Lease Rental....................................................................................................................................... 2-2
2.2.6
Down Payment................................................................................................................................... 2-3
2.2.7
Residual Amount................................................................................................................................ 2-3
2.3
PRODUCT DEFINITION FACILITY ................................................................................................................. 2-3
2.3.1
Advantages of Defining a Product..................................................................................................... 2-3
2.4
METHODS OF INTEREST APPLICATION ........................................................................................................ 2-4
2.5
METHODS OF INTEREST CALCULATION AND PAYMENT .............................................................................. 2-4
2.6
FLEXIBLE REPAYMENT SCHEDULE SET UP ................................................................................................. 2-4
2.7
DEFINING GRACE PERIODS ......................................................................................................................... 2-5
2.8
TRACKING THE STATUS OF A LEASE ........................................................................................................... 2-5
2.9
SUPPORTED TAX TYPES .............................................................................................................................. 2-5
2.10 AUTOMATIC PROCESSING OF DIFFERENT ‘EVENTS’ ................................................................................... 2-6
2.11 COMPENSATION ON PRE-PAYMENT............................................................................................................. 2-6
2.12 VALUE DATED AMENDMENTS .................................................................................................................... 2-6
3.
MAINTENANCES AND OPERATIONS...................................................................................................... 3-1
3.1
3.2
3.3
3.4
3.5
3.6
4.
INTRODUCTION ........................................................................................................................................... 3-1
MAINTAINING BANK PARAMETERS ............................................................................................................ 3-2
MAINTAINING BRANCH PARAMETERS ........................................................................................................ 3-5
MAINTAINING CHECK LISTS ....................................................................................................................... 3-8
MAINTAINING WRITTEN DOWN VALUE (CURRENT ASSET VALUE) ........................................................... 3-9
VIEWING WRITTEN DOWN VALUE (CURRENT ASSET VALUE) ................................................................. 3-10
DEFINING A LEASING PRODUCT............................................................................................................ 4-1
4.1
INTRODUCTION ........................................................................................................................................... 4-1
4.2
SETTING UP A PRODUCT ............................................................................................................................. 4-2
4.2.1
Defining Other Attributes of the Product........................................................................................... 4-3
4.2.2
Specifying User Data Elements ......................................................................................................... 4-5
4.2.3
Specifying Product Preferences......................................................................................................... 4-6
4.2.4
Specifying Components.................................................................................................................... 4-17
4.2.5
Specifying Notices and Statements................................................................................................... 4-31
4.2.6
Mapping Accounting Role to Product.............................................................................................. 4-36
4.2.7
Specifying Account Status................................................................................................................ 4-39
4.2.8
Specifying Events ............................................................................................................................. 4-48
4.2.9
Maintaining Branch /Currency Restriction ..................................................................................... 4-59
4.2.10 Restricting Customer Category........................................................................................................ 4-63
4.2.11 Defining Product Fields................................................................................................................... 4-64