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:
Changing the status of contracts 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
Posting Sales Prices of Duly Terminated Contracts (Financial Leasingof sales prices of duly terminated contracts (financial leasing in service delivery mode)
Archiving of duly terminated contracts.
...
The orderly termination process takes place in several steps:
Changing the status of contracts to the status Change of contract status to "Terminating" status and the corresponding detailed status according to the settings in the system
Financed Object Return
Changing the Detailed Status
Extension of insurance to the client by the days by which the vehicle was returned later (according to the settings in the Insurance Product Status Relation)
Creation of "second-hand fusesstore" insurance policies (according to the settings in the Insurance Product Status Relation)
Adding data to the subject object (Vehicle Return Date, Mileage upon Return, Second Wheel Returned, etc.)
Vehicle for sale
Change in the status of duly terminated contracts (terminated -> settled) and the adjacent detailed status
Termination of "second-hand" insurance policies
Entering the date of receipt of the sales price / return of the vehicle registration certificate
Settlement
Changing the Detailed Status
Creating a Financial Settlement and Issuing/Posting ItCreation of a financial settlement and its issuance/posting
Debt-free contract
Entering the date of actual termination/archiving of the contract
automatic change of the status of duly terminated contracts (settled - > archived) and the corresponding detailed status
...