Below is a summary of the processes for the orderly termination of financing contracts, see the other pages for a detailed description.
Process for Financing Without Services
The orderly termination process takes place in several steps:
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Change of contract status to "Terminating" status and its corresponding detailed status according to the settings in the system in advance of the expiration of the financing period
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Posting of sales prices of duly terminated contracts (financial leasing in service delivery mode)
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Archiving of duly terminated contracts.
Process for Financing with Services
The orderly termination process takes place in several steps:
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Change of contract status to "Terminating" status and corresponding detailed status according to the settings in the system
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Financed Object Return
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Changing the Detailed Status
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Extension of insurance to the client by days by which the vehicle was returned later (according to the settings in the Insurance Product Status Relation)
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Creation of "second-store" insurance policies (according to the settings in the Insurance Product Status Relation)
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Adding data to the object (Vehicle Return Date, Mileage upon Return, Second Wheel Returned, etc.)
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Vehicle for sale
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Change in the status of duly terminated contracts (terminated -> settled) and adjacent detailed status
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Termination of "second-hand" insurance policies
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Entering the date of receipt of the sales price / return of the vehicle registration certificate
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Settlement
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Changing the Detailed Status
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Creation of a financial settlement and its issuance/posting
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Debt-free contract
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Entering the date of actual termination/archiving of the contract
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automatic change of the status of duly terminated contracts (settled - > archived) and the corresponding detailed status
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