Terminate a Lease
** This utility is under development and is not yet available.
**
As equipment is returned or sold from a lease, terminate the
billing for the product on that lease.
Once this step has been completed, that item will no longer be
billed during the Lease Billing cycle.
The billing for some items can be terminated on the lease,
leaving the remaining items open on the lease.
e.g. the customer returns 2 of 5 desks leased, which leaves 3 desks
open on the lease.
The prompts are:
-
- LEASE #
- Enter the desired lease number, or look it up in the
window.
DATE RETURNED- Enter the date when the equipment was returned or sold.
This date will be recorded on that product # in Leases.
Note: The Lease Term details can be viewed in the window on
List Price in the product details of the Leases.
RETURN ALL ITEMS- Press <ENTER> for Y (YES) if all or most of the equipment
on the lease is to be returned.
Then select the equipment that has not been returned.
Type N (NO) if most of the equipment was not returned. Then
select the equipment that was returned.
-
- SEQ
- The open items on this lease will show.
PRODUCT #- The product # will display.
DESCRIPTION- The product description will display.
RETURN- Type Y (YES) to return this item to inventory or for partial
returns.
If the item was sold and not returned, first return the item to
inventory to enable correct accounting to occur.
Type N (NO) if all of this item is still out on the
lease.
QTY- The current quantity open for billing on the lease will
display.
If the prompt Return = YES, then the quantity displayed will
be returned to inventory and the lease will be terminated for these
items.
Accept this quantity, or type in the actual quantity returned.
If partial quantities are returned the lease billing will continue
for the remaining quantity still open on the lease.
If the prompt Return = NO, then this quantity is
ignored.
Finished?- Click ACCEPT to accept.
DETAILS OK? Y/N/Q- Type Y (YES) to accept the list of equipment to be returned,
and terminate the lease billing for those items.
Type N (NO) to return to the middle of the screen to make
corrections.
Type Q (QUIT) to not return the items listed, and start
over.
Topic Keyword: RSLD10