A financing contract template contains a subset of contract data in which accounting-related data is primarily set up. When a new financing contract is created by a user, the system copies all preset values in the fields from the template contract to the newly created financing contract.
The code list is available via search: Overview of contract templates.
A new record can be entered via the New on the Action Pane.
From the overview, the user opens the card for the selected financing contract template via the Edit/View button or by double-clicking. Subsequently, the Financing Contract Template tab opens, which contains the following tabs:
General
Invoicing
General Tab
Field:
No. (No.)
The user manually enters the unique template number
The number is not generated from a number sequence
Template Valid From
The user manually enters the date from which the template is valid
Template Valid To
The user manually enters the date until which the template is valid
Currency Code
The user selects the currency for which they are creating a template
Financing Type
This setting determines the type of financing that is defined by the template. The following options are available:
Financial leasing
Operative Leasing
Credit / Loan
Instalment Sale
Fleet Management
Contract Model
The user selects a contract model filtered to Financing Type and Currency Code
Once selected, the selected values from the model are loaded into the pattern. For example, if the settings on the model are additionally modified, then the model code here must be cleared and re-selected in order for the update to occur.
Code Center
The user enters a dimension value for the hub
Invoicing tab
Field:
Gen.Bus.Posting Group
The user selects from the code list Gen. Bus. Posting Group
The value of the field will be taken over into the contract, it will be used to find out how the contract lines are posted
Gen.Prod.Posting Group
The user selects from the code list Gen. Prod. Posting Group
The value of the field will be taken over into the contract, it will be used to find out how the contract lines are posted
Customer Posting Group
User selects Customer Posting Group from the code list
The value of the field will be transferred to the contract, it is used to determine the account of the receivable arising from posting the contract lines
Individual Invoice Customer Post.Group
User selects Customer Posting Group from the code list
The value of the field will be transferred to the contract, it is used to determine the account created by posting an individual invoice from the financing contract
Customer Posting Group for Selling Price (IS)
User selects Customer Posting Group from the code list
The value of the field will be taken over from the contract, it will be used to determine the account created by posting the invoice for installment sale
VAT Business Posting Group
The user selects a business posting group from the VAT code list
The value of the field will be taken over into the contract, it is used to determine the VAT rate for each component of the contract payment.
VAT P.Gr.Special Mode Non-Tax
The user selects the VAT product posting group from the code list
The value of the field will be taken over into the contract, it will be used to determine the VAT rate for installment amounts that do not enter the tax base of the financing contract
VAT Pos.Gr.Special Mode Tax (VAT Pos.Gr.Special Mode Tax)
The user selects the VAT product posting group from the code list
The value of the field will be taken over into the contract, it will be used to determine the VAT rate for the installment amounts that are part of the tax base of the financing contract.
VAT Posting Group Simple Ins.
The user selects the VAT product posting group from the code list
The value of the field will be taken over into the contract, it will be used to determine the VAT rate for simple insurance.
VAT Posting Group Principal
The user selects the VAT product posting group from the code list
The value of the field will be taken over into the contract, it is used for the VAT rates for the principal amount of the contract payment.
VAT Posting Group Simple Service
The user selects the VAT product posting group from the code list
The value of the field will be taken over into the contract, it is used for the VAT rates for the simple service amount of the contract payment.
VAT Posting Group Whole Paym.
The user selects the VAT product posting group from the code list
The value of the field will be taken over from the contract, it is used to determine the VAT rate for the installment amount of the installment sale of the financing contract.
VAT Posting Group Interest
The user selects the VAT product posting group from the code list
The value of the field will be taken over from the contract, it is used to determine the VAT rate for the interest amount of the contract payment.
VAT Posting Group Simple Fee
The user selects the VAT product posting group from the code list
The value of the field will be taken over to the contract, it is used for the VAT rates for the amount of the simple fee of the contract payment.
Bank No.
The user selects the code of the bank account to which the client should send installments (it will then be taken over into the financing contract)
For foreign currency posting, the settings are important Bank No. On the template – the bank where the customer is to pay. If it is empty on the template, the Bank No. is taken from the Company Information. The selected bank account should have a foreign currency set.
Payment Method Code
The user selects the payment method through which the client should send payments
VAT Clause Code
The value of the field is transferred to the contract card and is used for the print report Payment Calendar (Report ID 4026395)
It is mainly used for contracts that use the payment calendar as a tax document to provide information necessary for reporting VAT on the customer's side, or for another note.
A detailed description is given in the Invoicing Sales
Until activation, the field is editable