Set Up Lease Plan

You can set lease plans after you have set up the one-time fee for your device or accessory offer type for the configured price list. On the price list that you have created, select the lease option and perform the following steps:

1. Specify the lease term duration as fixed or the range of the lease term duration.
2. Specify the term information: name, lease deferred amount, down payment, number of payments, the frequency of payments and specify if the lease can be terminated earlier than the lease duration.
   Note: For devices with variants, the lease deferred amount, full price per unit, and down payment fields are presented in the Attribute based lease information section, with a separate row of lease payment information for each variant.
3. Specify the grace period duration and units of the duration.
4. In the Attribute based lease information section, each row represents the lease information for each variant of the device. Edit each variant and provide the lease deferred amount, down payment, and payment for each period.
5. In the End of lease terms section:
   1. Specify the terms of returning the device.
   2. Specify the terms of continuing to lease the device.
   3. Specify the price of buying out the device at the end of the lease term.
6. If you want to allow upgrades, enable the Allow Upgrade option and specify the threshold conditions for an upgrade to be applicable:
   1. How the minimum threshold for upgrade must be measured.
   2. Minimum threshold for upgrade.
7. In the Return checklist section, click Add Return Checklist to select and attach your installment agreement.
8. In the Lease agreement section, click Add Lease Agreement to select and attach your installment agreement.

9. To add more lease terms, click Add Term. This option is not available for devices with variants

10. Click Update.