Finance Leasing

With finance leasing, you can use the Finance Lease Entry window to create a lease payment schedule from an unposted sales order invoice, or a posted sales/invoice, debit memo, or service/repair document. You can select the interest rate, payment frequency, as well as enter the residual value and other information when you create a payment schedule.

If the payment schedule is created from an unposted sales invoice, you can release the payment schedule so that you can go to the Post Finance Lease Invoices window (Microsoft Dynamics GP > Tools > Routines > Equipment > Post Finance Lease Invoices) to begin creating the individual scheduled payment invoices. When creating the finance leasing schedule from a posted document, the procedure is the same as creating a Receivables Management scheduled payment. For more information, please see the Receivables Management documentation. The scheduled payment invoice can be printed directly from the Post Finance Lease Invoices window.

See also:

Finance Lease Setup

Generating General Journal Entries

Creating a Lease Schedule

Creating a Lease Invoice

Editing a Lease Schedule

Canceling a Lease Payment Schedule

Printing a Final Invoice