2.1.1 Overview
This topic provides an overview of the vendor passthrough support for lease.
- A passthrough is a portion of a payment received by a lessor from a lessee that is paid to a vendor. The payment that the lessor makes to the vendor is known as a passthrough.
- Example: The service vendor provides the lessor with photocopiers. The lessor leases photocopiers to corporate customers, who are the lessees. In this scenario, the lessor has a lease contract with the lessee that includes the provision of maintenance services for a photocopier. Additionally, a service agreement exists between the service vendor and the lessor, whereby the service vendor provides maintenance services on the customer's photocopier.
Parent topic: Vendor Passthrough Support for Lease