Oracle Lease and Finance Management, an Oracle E-Business Suite application, integrates with Oracle Financials applications and is designed to meet the business requirements of asset-based finance companies spanning the entire lease life cycle. The Oracle Lease and Finance Management solution extends from lease origination to contract termination and asset disposition.
The following section describes the flows in Oracle Lease and Finance Management advanced pack.
The Quick Quote to Contract flow covers the following business processes:
Lead to Opportunity
Lease Quote to Credit Decision
Credit Application to Booking
This section provides information on prerequisites, profile options, and data setups required to execute the Quick Quote to Contract flow.
OLFM01_Quick_Quote_To_Contract
None.
Not applicable.
The following predefined data must be used:
| Window Name | Field Name | Field Value | Comments |
|---|---|---|---|
| User | User Name | LeaseQA1 | Credit Analyst role must be mapped to the employee assigned to the user |
| Password | welcome | ||
| Responsibilities | Responsibility Name | Lease Super User, LeaseQA1 |
The following data must be set up:
| Page Name | Field Name | Field Value | Comments |
|---|---|---|---|
| Quick Quote: Quote Details | End of Term Option | OP_EOT1 | Source is Item Category |
| Quick Quote: Order Estimate | Name | COMPUTER.DESKTOP | Item Category |
| Create Lease Opportunity | Prospect | OLFM_Customer | Customer used in flow must be defined in Oracle Receivables. Customer account to use same credit classification as used in Lease Application Template below. User should be the credit analyst mapped at customer account level. |
| Create Lease Opportunity | Prospect Address | Main NEW YORK NEW YORK NY 10299 United States | Customer address marked as Bill To Site, Ship To, and Install Site. |
| Create Quote from Estimate: Configuration Details | Item | IT Magna 17 inches monitor | Item Mapped to Asset Category. |
| Create Lease Application | Lease Application Template | OP_Lease App Temp | Lease application template with credit review purpose as New Deal Lease Application. Credit classification must be same as the one used at customer account level. |
| Create Asset | Book | LeaseQACorp01 | Asset Book type is Corporate. |
| Create Asset | Category | COMPUTER EQUIPMENT.PC | Asset category mapped to the item: IT Magna 17 inches monitor and asset book: LeaseQACorp01. |
| Create Asset | Depreciation Method | STL | Fixed Assets Depreciation Method is mapped to the asset category. |
| Create Asset | Tax Book | LEASEQA RPT1 | Asset Tax Book is mapped to the asset book type value as Corporate Book. |
| Create Asset | Asset Location | USA.CA.SAN DIEGO.1 | Fixed assets location. |
| Create Fee | Fee | Income QA | Stream Type with purpose as Fee Payment is added in the applicable Stream Generation Template that is used in the product. |
| Create Payment | Payment Type | Rent QA | Stream Type with purpose as Rent is added in the applicable Stream Generation Template that is used in the product. |