Leasing Curve

After a leasing line has been created, you can manually update the leasing curve connected to this line in 'Rental Line. Convert to Leasing' (STS106) using related option 46='Calculate Leasing' in 'Rental Agreement. Open Lines' (STS201).

This is performed when the agreement with the customer is changed in some way. For example after a renegotiation of the price, the period length, or the interest of the leasing line.

You can change the leasing curve during the whole lifetime of the agreement line. You can also add more periods to the curve if the agreement period is prolonged. If adding new periods, the 'Valid to' date in (STS201) is also updated.

You can select 'No recalc curve' if no recalculation of the leasing curve should take place when shortening or prolonging the leasing period. When 'No recalc curve' is selected, 'To period' in (STS106) is used to increase or decrease the number of periods.

If 'No recalc curve' is activated and periods are added, the new periods are added to the curve in 'Leasing Curve. Open' (STS108), but do not trigger any updates of the existing periods in (STS108). The added periods get the same amortization, interest amount, interest percentage, residual value, rent amount, and rental charge in (STS108) as the last period before the update. If 'No recalc curve' is activated and periods are removed, the same number of periods are removed in (STS108), but do not trigger any update of the existing periods in (STS108).

You cannot change any other data, for example, interest rate or residual value, when specifications in (STS106) are confirmed and 'No recalc curve' is selected. If such changes should be done, they must be done before changing the number of periods and without selecting 'No recalc curve'.

Before you start

A leasing line must exist in (STS201) with curves connected in (STS108).

Follow these steps

Open (STS201) for the rental agreement and select the leasing line where the leasing curve should be adjusted.
Use related option 46='Calculate Leasing' to open (STS106) for the selected line.
In (STS106), do the necessary changes such as price, period, interest rate.
When confirming, a new curve is created with new periods calculated from the date of the change.

To view the new curve, use the display button in (STS106) or related option 43='Leasing Curve. Open' in (STS201). Both options open 'Leasing Curve. Open' (STS108).