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The advantage of setting up financial product is that it serves as a template for the most common financial leasing parameters and simplifies the process. The default values set in the financial product are automatically entered to the template.
Below is attached video, which describes the whole process of creating financing product. In the video, you will also find out, which fields is necessary to fill in.
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Please note that example in attached video is example of loan related financing product, but there are the same fields also for creation of Financing Product related to Financial Leasing. The only difference is that for financing type Financial leasing is used only anuit calculation model.
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In the screenshots below you can see three basic steps, through which you create financing product:
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In the second step click on New.
Step n. 3
After previous step, you will see clicking on button New, Financing Product Card is displayed. This template is designed to fill in the important data to creating financing products.
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This template consists of 5 sheets:
General
No. Series
Calculations Parameters
Financing Indicators
Financing Product Rates
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