Monday, February 25, 2019

Termination, Termination Quote in OLFM

Termination:-

  • The process of ending a Leasing Transaction with the Lessee.


Termination Quote:-

  • Termination Quotes allow Contracts or Assets on a contract to terminate early or at the expiration of a contract. 
  • Termination Quotes identify the financial impact of the termination.
  • The various business rules specified in a contract's terms and conditions are the basis of calculating financial impact of a termination quote.

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