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Object documentationFinancing Option

 

Gives the lessee the right to exercise an option at defined points in time.

 

  • You create financing options as financing products with the product type Financial Service in the category BASE_FS_LEASOPT (Leasing: Financing Options).

  • You enter the data for financing options, such as exercise date and pricing processes. For more information, see Financing Set Types.

  • The system differentiates between the following financing options:

    • Financing options that entail further financing

      Note Note

      Financing options that entail further financing also contain all the attributes of a financing product.

      End of the note.
    • Financing options that lead to the immediate end of the contract

    The following option types are available:

Option Type

Exercise Date

With Financing Character

Early termination with return

Mid-lease option

No

Early buyout

Mid-lease option

No

Base lease extension

Mid-lease option

Yes

Termination with return

End-of-lease option

No

Purchase at end-of-lease

End-of-lease option

No

Renewal

End-of-lease option

Yes

Continuation

End-of-lease option

Yes

Integration

You use relationships to assign a financing option to one or more financing products. For more information, see Relationships.