This appendix covers the following topics:
This section includes statuses for lease sales quotes and pricing and payment plans.
The following table describes lease sales quote 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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. |