Document Status

Additional Status

Life Cycle

Description

Processing

Quotation

Open

Error-free inquiry was created. Quotation should not be sent to customer automatically.

Automatic

Quotation

In Process

A clerk is processing the quotation.

Automatic

Quotation

Released

Processing was completed successfully. Quotation is correct from business standpoint.

Manual

Quotation

Completed

Quotation is rejected. The cancellation reason code describes the reason for rejection. The quotation can be reactivated.

Manual or automatic

Commitment to finance

(CTF)

Open

Quotation is waiting for customer signature.

Automatic

Commitment to finance

In Process

Quotation was signed by customer and is waiting for countersignature.

Manual

Commitment to finance

Released

Quotation is countersigned by lessor.

Manual

Certificate of acceptance

(COA)

Open

A certificate of acceptance (draft of the contract based on the quotation and possibly the invoice) exists and is being examined by lessee.

Automatic

Certificate of acceptance

In Process

A certificate of acceptance exists, the lessee accepted the contract with or without changes, the lessor modifies the contract to:

a) Incorporate changes requested by the customer

b) Adjust the time frame

c) Enter or correct serial numbers

d) Accept for the lessor

Automatic

Certificate of acceptance

Released

All changes have been made to the contract, the contract can be activated.

Manual

Certificate of acceptance

Completed

Conclusion of the contract is rejected. The cancellation reason code describes the reason for rejection. The COA can be reactivated.

Manual or automatic

Contract

In Process

Contract is being modified. Only for changes that do not change the central content of the contract, for example the bill-to party.

Automatic

Contract

Released

Contract is active (payment is active).

Automatic

Contract

Completed

Contract is completed.

Manual or automatic

Contract

End-of-lease

(EOL)

In Process

Contract changes that do not change the central content of the contract after the EOL preparation date.

Unbilled invoices remain active.

Automatic

Contract

End-of-lease

Released

EOL preparation date is reached. Closing processes, such as offering end-of-lease options to the customer, can begin. Unbilled billing request items remain active.

Automatic

Contract

End-of-lease;

postprocessing

In Process

Contract changes after the end of the lease term, such as a shipping invoice for the return. Unbilled billing request items remain active.

Manual

Contract

End-of-lease

Completed

Contract is completed.

Manual or automatic