Liability Description

The liability is calculated from the customer's leasing contracts and entries, and is displayed on the customer card and in the Customer Liability report.

Open

Liability view

There are two ways to view a customer's liability:

• Liability on customer card

• Customer's Liability from choice Risk Reports

Liability on customer card

On the customer card, the liability is shown in the Liability (LCY) field. The value of the field is calculated as the sum of the liability in local currency from the table: "Customer Liability" for all contracts of the customer.

When clicking on the "Liability (LCY)" field, the records from which the liability was calculated for the given customer will be displayed ("Customer Liability" records filtered to the customer number will be displayed).

For the logic of the obligation calculation, see below.

Customer's Liability from Risk Reports

The customer's liability can be opened from the option Risk Reports – Customer Liability

After clicking on the Customer Liability option, the Customer Liability table opens, which displays data for all customers and contracts.

The meaning of the fields is described below in the chapter Customer Liability Calculation Logic:

• Financing Contract No.

• Detailed Contract Status

• Customer No.

• Financing Type

• Currency Code

• Debit without Interest

• Debit without Interest (LCY)

• Open Items

• Open Items (LCY)

• Liability Amount

• Liability (LCY)

• Payment Periodicity

• Purchase Price of Financing Objects

• Down Payment

• Residual Value

• Date and Time of Insert

• Date and Time of Update

The user can use the filter to filter the liability to a specific customer and his contracts, or the type of financing. Using the arrow on the right side of the mountain, it is possible to open the customer's obligation, or edit it in Excel, or copy the link.

Liability Calculation

The calculation of the liability is performed according to the underlying data in the table: "Customer Liability". The data in the underlying table must be updated regularly using the function: "Calculate customer liability". Manually by using the Calculate Customer Liability function, or by setting a job to a job queue (Job Scheduler).

The function can be run manually on a single customer or on all customers in a given company.

We recommend that you run the payability calculations for one customer manually during the day (if necessary) and have a periodic task set up in the task scheduler overnight to calculate the payable for all customers.

The Calculate Customer Liability function is located in the Customer Liability table on the bar.

After running the Calculate Customer Liability function, the Request form is displayed, where it is possible to set up filtering of customers for whom the liability is to be calculated.

• "Customer" tab

  • No. – set the filter for customer numbers for whom we wish to calculate the liability. If the field is not filled in, the liability will be calculated for all customers in the company.

  • Add filter – To generate the report, it is possible to add any other filter to the customers for generating the report, for example: "Post Code", "Country", etc.

• Buttons/Functions

  • Schedule – use this function to set the task to run later

  • OK – The function starts the calculation of the liability for customers, according to the set filters

  • Cancel – Close the Request form to generate a customer liability report

Customer Liability Calculation Logic

The Customer Liability and the data displayed in the Customer Liability table are filled using the function: "Calculate Customer Liability".

Logic of filling in individual fields in the table: "Customer Liability":

At the end of the fulfillment, the system deletes rows from the table that were not updated during the calculation.