U04 End of Period
U0435 Automatic Desecuritization
| EOP Only | Yes |
| Frequency | Monthly |
| Sequential Updates | Yes |
| Skip Notes | No restrictions |
For more information about End of Period,
refer to U04 End of Period Overview.
Sequential Updates: This EOP module runs as part of U0411 Sequential Updates.
This module will allow LeasePak to move delinquent leases from their original Company/Region/Office to another CRO based on the parameters set in the desecuritization parameters in U0212 Portfolio→New Lease Customizations. LeasePak will automatically change keys on delinquent leases based on how the lease was set up during the time of booking. The SECURITIZE field in U0101 Book Lease allows the option to securitize the lease during the booking process. If the securitized lease becomes delinquent, the End of Period process will create a batch input file for Batch Change Key to select delinquent leases marked for desecuritization. This process automatically moves the delinquent leases to the default Company/Region/Office selected.
Reference Guide |
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