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Object documentationInformation About Financing Option

 

Set type used to define the business purpose of a financing option.

 

You use the Information About Financing Option (CRM_FS_OPTION) set type to define the business purpose of a financing option. The system distinguishes between financing options with and without further financing. You also use the set type for agreeing on an option with the customer.

  • Financing option with financing character:

    • Base lease extension

    • Renewal

    • Continuation

  • Financing option without financing character:

    • Early termination with return

    • Termination with return

    • Early buyout

    • Purchase at end-of-lease

When you create an option, you select the base category Financing Option. The financing option is not obligatory on the part of the lessor if it is not included in the contract.

You use the Information About Financing Option (CRM_FS_OPTION) set type to specify whether the valuation takes place on a specified exercise date, or whether you can indicate that it is a bargain option and make a special offer. You also specify whether the option is visible for the lessee.

More Information

Financing Option