Financing Product Type

The type of financing product is used to define the basic types of products and their general characteristics, which will subsequently be developed in financing products

The code list is available via search: Financing Product Types.

A new record can be entered via the New on the Action Pane, or by entering a new row directly.

Field:

• Code

  • User enters a unique Financing Product Type Code

• Description

  • The user enters a short text description of the financing product type

• Financing Type

  • This setting determines the type of financing that is defined by the financing product type. The following options are available:

    • Financial leasing

    • Operative leasing

    • Credit / Loan

    • Instalment Sale

    • Fleet Management

• Legal Form Filter

  • The field is of the filter type, so the user can select multiple legal forms one at a time

  • If the field remains empty, the user can select any value in the Financing Product, otherwise he/she can only select the values entered in this field

• Commodity Filter

  • The field is of the filter type, so the user can select multiple commodities one at a time

  • If the field remains empty, the user can select any value in the Financing Product, otherwise he/she can only select the values entered in this field

• Group Filter

  • The field is of the filter type, so the user can select multiple groups filtered to commodities one by one

  • If the field remains empty, the user can select any value in the Financing Product, otherwise he/she can only select the values entered in this field

• Releasing excluding VAT (Releasing excluding VAT)

  • The field is editable only for Financing Type = Financial Leasing

  • For other types of financing, the field is non-editable

• Leasing with delivery of goods

  • Field editable only if Financing Type = Financial Leasing.

  • If the Financing Type is changed to a value other than Financial leasing, this field will be deleted.

  • Cannot be combined with the Leaseback flag exempt from VAT; An attempt to set both flags results in the error 'Leasing with delivery of goods and Leaseback cannot be combined'

• Contract with Services

  • If checked, then the type of financing product is defined for contracts with services

  • The flag is then taken over into the calculation/contract

• Check Licence Plate No.

  • If the value of the field is Yes, when activating a contract, the system checks whether the registration number of the vehicle is entered on the financed object for the contract and, if it is entered, whether it is entered on another contract in the Status =Active.

• Financing not Mandatory

  • The value of the field can be changed to YES if the financing is not part of the contract (only if Financing Type = Fleet Management)

  • If checked, then the purchase price (Input Price) does not have to be included in the contract, so it is only about providing services to the client

• REFI Code not Mandatory

  • The value of the field can be changed to YES if the financing is not part of the contract (only if Financing Type=Fleet Management)

  • If checked, the system does not check whether the REFI code is filled in in the wizard for creating the calculation.

• Use Simple Fee

  • Editable if Contract with Services = No

  • Does the user switch to Yes If you want to use a simple fee in the calculation, e.g. instead of interest (see description below). Instead of interest, the system will calculate a Simple Fee.

• Use Simple Service

  • Editable if Contract with Services = No

  • Does the user switch to Yesif you want to use the simple service in the calculation instead of using the contract services (see description below).

• Use Simple Insurance

  • Editable len is Contract with Services = No.

  • Does the user switch to Yesif you want to use simple insurance in the calculation instead of using the insurance module (see description below).

• Part Payment Due Date

  • The value of the field determines whether the system will calculate a calculation with pre-term interest (at the beginning) or with post-term interest (at the end) on the contract

• Object Owner

  • Default settings for new calculations/items. Editable field. A choice of values:

    • Leasing Company

    • Customer

    • Other Entity.

  • By default, the first value is set. The user manually sets the value, which is then transferred to the field of the same name on the financed object card when the calculation is created.

• Object Holder

  • Default settings for new calculations/items. Editable field. A choice of values:

    • Leasing Company

    • Customer

    • Other Subject

  • By default, the first value is set. The user manually sets the value, which is then transferred to the field of the same name on the financed object card when the calculation is created.

• Technical Evaluation Approval Mandatory

  • If Yes, the wizard for technical evaluation checks the existence of a service allowance for technical evaluation (for operational leasing)

  • No for all types of financing except operating leases

• Active From

  • The user manually enters the date from which the Financing Product Type is valid

• Active To

  • The user manually enters the date until which the Financing Product Type is valid

In the Related menu, there is a button Documents To Approve. After pressing the button, the Documents for approval form opens.

Documents to be approved are used to define documents that are to be approved in the calculation/contract for a given type of product and legal subjectivity of the customer before switching the detailed contract status (for a more detailed description of the settings, see Nastavení Business and functionalities in Smlouva bez služeb and Smlouva se službami).

Field:

• Type

  • Fills in the OC automatically:

    • When creating a record from the Financing Product Type, the "Product Type" is added

  •  The field is hidden

• No. (No,)

  • Fills in the OC automatically:

    • When creating a record from the Financing Product Type, the Product Code is completed

  • Page Documents for Approval

    • The field is hidden

• Document Code

  • Lookup to Contract Document (4026508) is manually selected by the user. Contract documents contain only the Code and Description, they do not describe the table separately.

  • Page Documents for Approving

    • Editable, editable

• Description

  • Fills in the OC automatically after selecting the Document Code

  • Page Documents for Approving

    • Cut, uneditable

• Legal Form Filter

  • Code 250

  • Page Documents for Approval (New):

    • Editable, editable

    • Lookup to the Legal Forms table (4046849)

    • The user enters the legal forms for which he wants to copy the document into the calculation/contract.

    • Pri výbere sa automaticky doplní zvislítko

• Detail Status Filter

  • Code 250

  • Page Documents for Approval (New):

    • Editable (ak is Type=Product Type)

    • Lookup to the Detail Contract Status (4026439) table.

    • The user selects the detailed status, when setting which the system checks whether the document is approved on the contract.

    • Pri vybrachoeho ďalšieho det.stavu sa automaticky doplní svislítko.

• Valid From

  • date

  • Page Documents for Approval (New):

    • Editable, editable

    • Zazad user začiatok platnosti dokument

• Valid To

  • New field, date

  • Page Documents for Approval (New):

    • Editable, editable

    • The user specifies the expiration of the validity of the document