Filling in Lease Terms
Filling in Lease Terms of the Leasing pay type
Fill in the following fields of the Lease terms of the Leasing Pay type sequentially:
| Field | Description |
|---|---|
| Leasing Object No. | Automatically filled with the number of the object from which the lease terms are created. |
| Object type | Automatically filled with the type of object from which the lease terms are created. |
| Type terms | Select "Leasing Payment". |
| Start date and End date Terms | Automatically filled based on the dates of the lease terms. Can be changed by the user in cases where the terms actually change during the period. |
| Number Of Leasing Units | For a land plot, filled in from the "Land plot share" field from the "Leasing object" card. For other types of rentals, filled in manually by the user. |
| Unit of Measure Code | Fill in manually. Determines the unit of measurement for the quantity entered in the previous field. |
| Rental Price Per Unit | Enter manually. Indicates the price per unit of rental according to the Unit of measurement code specified in the previous item. |
| Currency Code For Calc. | Fill in manually. Determines the currency in which payments will be made under the contract. Currency substitution during the contract period is not provided. If the contract is in the local currency, leave this field blank. |
| Currency rate | Automatically filled with the exchange rate for this currency on the start date of the lease terms. |
| Amount in calc. currency | Automatically filled by multiplying "Number Of Leasing Units" by "Rental price per unit". |
| Amount (LCY) | Automatically filled by multiplying "Amount in calc. currency" by "Currency rate". |
| First Installment | Fill in if provided for in the contract. Indicates the first payment in the calculation currency. |
| Date of first Installment | Enter the date of the first payment. |
| Final Installment | Fill in if provided for in the contract. Indicates the final payment in the calculation currency. |
| Date of final Installment | Enter the date of the final payment. |
| Price for period | Fill in manually. Indicates the period to which the rental cost specified in the current line of terms applies. |
| Non-leasing Component Amount | Enter manually. Indicates the value of the non-leasing component, i.e. the amount that is included in the leasing payment but should not be included in the calculation of obligations and rights of use. |
| Actual | Select "Yes". |
| Comment | Optional field. |