Allows the user to modify credit bureau reporting-related values for the selected lease.
Requires Credit Bureau Extract module. Contact your NETSOL representative for more information.
Select the lease to modify:
Enter the lease number or click to search, then click Select.
Database equivalent: rls.lse_s
Enter or edit credit bureau reporting-related information for the lease:
The selected lease number.
Database equivalent: rls.lse_s
The description for the selected lease.
Database equivalent: rls.desc_s
The current Activity Status of the selected lease.
Database equivalent: rls.act_s
Enter an "Activity Substatus" or click to select from available values. Use "Activity Substatus" to further define the status of a lease or to activate rules set up for a particular U0709 Activity Status/Substatus combination.
U0722 Custom Code category: 'ACTSUBSTAT'. The User must first set up codes for this category to have them available, in particular to be able to use Activity Substatus for setting processing tasks/rules in U0709 Activity Status/Substatus.
Database equivalent: rlsb.act_substat_s
Enter the return/grounding date of assets on the lease, either in MM/DD/YY or DD/MM/YY format, depending on the User's Date Format Preference in Windows Region and Language Settings. "Asset(s) Return Date" cannot be greater than the current (today's) date.
If the user enters an "Asset(s) Return Date", LP will begin reporting the lease to the credit bureaus as either a full or early termination status pending based on the date. This date will take precedence over the U0103 Payoff "Effective Date" when determining whether or not a payoff or termination falls within the tolerance set in U0212 Miscellaneous Customization "Days before maturity for full term".
Database equivalent: rlsb.d_assets_returned_s
Enter the Metro 2 code for the lease or click to select from available values. Use U0733 Metro 2 Setup to create or update Metro 2 codes and their corresponding settings.
Leases without a Metro 2 code are not reported to the credit bureaus.
Database equivalent: rlsb.metro2_s
Enter a credit bureau Special Comment Code or click to select from available values. The following SCC values require that the Metro 2 Account Type for the lease be 13 or 3A:
U0722 Custom Code category: 'SP.COMMENT'. The User can modify code descriptions but not add or delete codes.
Database equivalent: rlsb.special_comment_s
Select/check (set to 'Y') if lease is a prepaid lease. A prepaid lease is when the client makes a single payment for the full lease amount or otherwise prepays the entire lease.
Database equivalent: rlsb.prepaid_c
Enter a reason (corresponding to credit bureau Account Status DA or DF) to report the lease as deleted or click to select from available values. Lease can only be reported as deleted if it has a valid Metro 2 code.
U0722 Custom Code category: 'CB.DELSTAT'. The User can modify code descriptions but not add or delete codes.
Setting this field does not make the lease inactive or remove it from the database or LP processing. Use U0101 Remove Lease or U0103 Payoff to remove or payoff a lease.
Once a lease has been reported to the credit bureaus with Account Status set to DA or DF, you will not be able to change this status or reuse the lease number; exercise caution when using this feature.
Database equivalent: rlsb.cb_deleted_stat_s
Enter a credit bureau Compliance Condition Code or click to select from available values.
The User cannot change CCC to 'XR' until 'XH' has been reported for 2 months.
U0722 Custom Code category: 'COMPL.COND'. The User can modify code descriptions but not add or delete codes.
Database equivalent: rlsb.compliance_cond_s
Select/check (set to 'Y') to exclude the lease from credit bureau reporting. Clear/uncheck (set to 'N') to start or resume reporting.
Database equivalent: rlsa.stop_cb_c
Enter the reason code for why the lease will be excluded from credit bureau reporting or click to select from available values.
If "Stop Credit Bureau Reporting" is selected/checked and a reason code is entered, the first 10 characters of the reason code description will appear on the exlcusion report as the exclusion reason. If no Stop Reporting reason is entered, the exclusion reason will appear as 'STOP.CB.RP'.
U0722 Custom Code category: 'STOP.CB.RP'. The User must first set up codes for this category to have them available.
Database equivalent: rlsb.reason_stop_cb_s
Enter adjustments to the 25-month payment history profile for the lease. This set of values includes:
The User can only update positions within the 25-month period corresponding to the Payment History and Next Payment History Status.
Database equivalent: rlsb.next_pmt_hist_c
Database equivalent: rlsa.pmt_hist_s
Database equivalent: rlsb.pmt_hist2_s
Enter adjustments to number of times payments to the lease were delinquent in each of the seven delinquency categories.
The categories shown in the screen mock-up above represent U0212 Miscellaneous Customizations settings intended to match delinquency categories used for credit bureau reporting: 1-29 days, 30-59 days, 60-89 days, 90-119 days, 120-149 days, and 150-179 days, with LP automatically creating the final category of 180+ days.
Database equivalent: rpa.delq1_l
Database equivalent: rpa.delq2_l
Database equivalent: rpa.delq3_l
Database equivalent: rpaz.delq4_l
Database equivalent: rpaz.delq5_l
Database equivalent: rpaz.delq6_l