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Contract Changes with impact on Taxable Leasing Transactions

Changes to the contract with an impact on the taxable performance of the contract are described here: https://iao.atlassian.net/wiki/x/LYDIAQ

These include, for example, the following changes:

  • Technical Evaluation

  • Technical deterioration

  • Interest Rate Change

  • Change the duration of the contract

If there is a change in the taxable performance of the contract, the system in the process of recalculating the contract:

Contract Changes with VAT Financing with an Impact on Taxable Performance of the Contract

In addition, if the contract is financed by VAT, the system:

  • on the lines of the contract payment calendar recalculates the VAT payment upon delivery of goods and Balance of unpaid VAT on delivery of goods

  • on the contract header updates the Financed VAT Value and Financed Total Amount fields

  • On the posted correction document, Maturity date from the last regular payment of the payment calendar