Status Definitions

This appendix covers the following topics:

Lease Sales Quotes

This section includes statuses for lease sales quotes and pricing and payment plans.

The following table describes lease sales quote statuses.

Lease Sales Quotes Statuses
Status Name	Description
Incomplete	Quote not priced, or draft quote is in progress.
Complete	Quote includes at least one priced payment plan or one plan in the process of being priced.
Accepted	Lessee has accepted the quote; the quote can be selected for contract authoring.

The following table describes pricing and payment plan statuses.

Pricing and Payment Plan Statuses
Status Name	Description
Incomplete	Payment plan not priced.
Pricing In Progress	An external pricing plan has been submitted (applies for external pricing, only).
Complete	Pricing successfully completed.
Submitted	Priced plan has been submitted for internal review.
Approved	After being submitted, the plan is approved.
Rejected	After being submitted, the plan is rejected.
Accepted	After being submitted and approved, the plan has been accepted by the customer.
Declined	After being submitted and approved, the plan has been declined by the customer.

The following table describes the statuses of credit lines.

Credit Line Statuses
Status Name	Description
New	Someone has drafted a prospect's or customer's potential credit line in the system.
Entered	Someone has drafted a prospect's or customer's potential credit line in the system, and it has passed validation.
Submitted	The potential credit line is submitted for approval.
Approved	The credit line was approved internally and is active.
Rejected	The potential credit line was rejected.

The following table describes the contract statuses for lease and loan contracts.

Contract Statuses for Lease and Loan Contracts
Status Name	Description
New	Entered into the system, but not validated.
Passed	Entered and validated.
Complete	Streams and journal entries generated.
Incomplete	You have made modifications that require revalidation.
Pending Approval	Validated and pending approval.
Booked	Upon successful activation, the contract is active and ready to start billing; the system has generated both accounting and asset journal entries.
Evergreen	Active, but an original term has expired, and the billing is month-to-month.
Litigation Hold	Not terminated, but billing is suspended due to litigation against lessee.
Bankruptcy Hold	Not terminated, but billing is suspended due to bankruptcy of the lessee.
Expired	Contract has expired at the natural end-of-term.
Terminated	Contract has terminated.
Reversed	Contract, including all accounting and billing, has reversed.
Abandoned	The contract was never completed or activated.

This section includes vendor, master lease, and investor agreements statuses.

The following table describes the statuses for vendor agreements.

Vendor Agreement Statuses
Status Name	Description
New	Vendor agreement has been entered into the system.
Approved	Vendor agreement has been approved internally.
Active	Vendor agreement is active.
Hold	Vendor agreement is not available for authoring a contract.
Expired	Vendor agreement has passed its expiration date.
Terminated	Vendor agreement has been terminated.
Abandoned	No one has ever signed or approved the agreement.

The following table describes the statuses for master lease agreements.

Master Lease Agreement Statuses
Status Name	Description
New	Someone has entered the master lease agreement into the system.
Approved	Internal approvers have approved the master lease agreement.
Active	Master lease agreement is active.
Hold	Master lease agreement is not available for authoring or contract.
Expired	Master lease agreement has passed its expiration date.
Terminated	Master lease agreement has been terminated.
Abandoned	No one has signed or approved the master lease agreement.

This section includes investor agreements and investor pools statuses.

The following table describes the statuses of investor agreements.

Investor Agreement Statuses
Status Name	Description
New	Someone has entered the investor agreement into the system.
Passed	Investor agreement has passed validation.
Incomplete	Investor agreement has not yet passed validation.
Active	The investor agreement is active.
Expired	The investor agreement has passed its expiration date or been terminated.

The following table describes the statuses of investor pools.

Investor Pools Statuses
Status Name	Description
New	Someone has entered the investor pool into the system.
Active	Pool status when the related investor agreement has been activated.
Expired	Pool status when the related investor agreement has passed its expiration date or has been terminated.

This section includes statuses of termination, structure, and repurchase quotes.

The following table describes the statuses for termination quotes.

Termination Quote Statuses
Status Name	Description
Drafted	Someone has created a termination quote in the system.
Submitted	The termination quote has been submitted for approval, but is not yet approved or rejected.
Rejected	The termination quote was rejected.
Approved	The termination quote was approved.
Accepted	The termination quote was accepted.
Completed	The contract or asset specified on an accepted termination quote has been terminated.
Cancelled	When one of several termination quotes for a contract or asset has been accepted and completed, any outstanding termination quotes for the same object are cancelled.

The following table describes the statuses for restructure quotes.

Restructure Quote Statuses
Status Name	Description
In Process
Drafted	Someone has created a restructure quote.
Submitted	The restructure quote has been submitted for approval, but not yet approved or rejected.
Accepted	The restructure quote was accepted.
Completed	The contract or asset specified on an accepted restructure quote has been terminated.
Cancelled	When one of several restructure quotes for a contract or asset has been accepted and completed, any outstanding restructure quotes for the same object are cancelled.

The following table describes the statuses for repurchase quotes.

Repurchase Quote Statuses
Status Name	Description
Drafted	Someone has created a repurchase quote.
Accepted	The repurchase quote was accepted.
Completed	The contract or asset specified on an accepted repurchase quote has been terminated.
Cancelled	When one of several repurchase quotes for a contract or asset has been accepted and completed, any outstanding repurchase quotes for the same object are cancelled.