6.3.3 Rental Agreement Tab

This topic provides information on the rental agreement, including the details used to capture and manage rental agreement information, terms, and related lease data.

The Rental Agreement screen is a hybrid screen in Origination module which facilitates to capture and process most of the required action for funding rental based leasing contracts instead of navigating through multiple tabs.

Note:

The Rental Agreement screen is available only for Lease Rental type of products and rental based leasing is supported for both RENT FACTOR and INTEREST RATE type of lease calculation methods in the system.

The Rental Agreement tab consists of the following sub tabs:

• Itemization sub tab
• Usage Charge Matrix sub tab (available if agreement type is USAGE RENTAL)
• Rental Charge Matrix sub tab

This section consists of the following topics:

• Pre-requisites
  This topic provides information on the required conditions and setup that must be completed before creating or managing a rental agreement, including necessary lease details, customer information, and configuration settings.
• Navigate to Rental Agreement
  This topic provides information on navigating to the rental agreement page within the system to view or manage rental agreement details.