Non-supported ReleaseNon-supported Release
ECI no longer supports this version of e-automate, and this version of the online help is no longer being updated. ECI recommends upgrading to the current release. Contact your account manager for more information.

Creating a Lease

You use the lease functionality in e-automate to provide information about customer equipment on leases. Whether leases are processed “in-house” or through a leasing company, you record both types of leases in e-automate. You can view equipment on leases in two ways: from the Equipment list, by using the QuickSearch filters, or from e-views, by using the Service Lease Equipments view. Editing the equipment record allows you to see information about leases associated with equipment when you are viewing the Contracts/Leases tab. Drill down to more specific lease information by clicking [View Lease]. You can also view information about an equipment lease from within the equipment record, and—for in-house leases—on the service contract that is billing the lease. For more information on creating a service contract with an accompanying lease, see Creating Installment Based Billing Contracts.

Getting to the TransactionGetting to the Transaction

On the Service menu, select Leases to open the Leases window.

Click [New] to open the New Lease window.

Details TabDetails Tab

Complete the following fields as appropriate:

Lease number: Number of the lease, assigned by the leasing company.

Lease company: Company from your customer list to which the lease is contracted.

Customer: The customer who holds the lease.

Code: Code identifying the disposition of the equipment after the lease period.

Start date: Start date of the lease.

Termination date: Termination date of the lease.

Financed amount: Amount financed by the customer.

Billing periods: Number of billing periods on the lease, typically 60 for a 5-year lease.

Payment amount: Customer's payment amount for each billing period.

Interest rate: Interest rate on the lease.

Equipment TabEquipment Tab

Click the Equipment tab to bring it forward.

Click [Add] to open the Edit Lease Equipment window.

Complete the following fields as appropriate:

Equipment number: Number of the equipment from the customer’s list that is financed on the lease.

Show all related equipment: When checked, the equipment at all the locations for this customer displays.

Financed amount: Amount financed for this piece of equipment.

Payment amount: Payment amount this equipment contributes to the overall payment per billing period.

Asset number: Fixed inventory asset tracking information, if any.

Click [OK] to add the equipment to the list.

Repeat Steps 2 through 4 for each piece of equipment included on the lease.

Completing the TransactionCompleting the Transaction

Click [OK] to save the lease information.

For additional information on lease functionality, refer to the following topic:
Additional Info - Adding a Service Lease on a Contract.