Content Comparison

...

ISPICKVAL( blng__InvoiceLineStatus__c ,'Posted') 
&& NOT(ISBLANK( blng__OrderProduct__c ))
&& ISBLANK( Lease_Amortization_Line__c ) 
&& (
ISPICKVAL(blng__ChargeType__c,'Recurring') 
|| ISPICKVAL( blng__Product__r.Sub_Category__c, 'DISCOUNT') 
|| ISPICKVAL(blng__Product__r.Sub_Category__c, 'DOWN_PAYMENT')
)

...

• Navigate to Salesforce Invoice Line - First SF Invoice Lines w/o AMT Lines view

  • Select the lines you want to create Amortization Entries for.

  • Click the Create Amortization Entries button

    • Use Country (Invoice__r.Currency), Account Posting Group (from Account), Charge Type, and Filter Replace Plan to look for Account Posting Setup, then populate these fields on the Amortization Schedule:

      • Account Posting Setup

      • Write-off GL Account (from Account Posting Setup)

      • Revenue GL Account (from Account Posting Setup)

      • Sales Tax GL Account (from Account Posting Setup)

...

• Navigate to theLease First SF Invoice Lines with AMT Lineslist view.

• Click on the Salesforce Invoice record to view the amortization entries generated for the invoice in the Lease Amortizations section.

  

...

• When processing the invoice lines, the system sorts them by the Start Date and then processes them sequentially.

• The system will create at least two Lease Amortization Lines entries from First Invoice Line:

  • Initial Entry

    • Lease Receivable = LR Booked Amount

  • Monthly Entry

    • It will calculate the Remaining Principal Amount = LR Booked Amount - Total LR Amount Paid

    • Interest Amount = Remaining Principal Amount * Interest Rate / 100 / 12

    • Lease Receivable = MRR Amount - Interest Amount

    • Tax = Salesforce Invoice Line Tax Amount

    • Invoice Amount = Salesforce Invoice Line Total Amount
      

...

• When processing the invoice lines, the system sorts them by the Start Date and then processes them sequentially.

• It will calculate the Remaining Principal Amount = LR Booked Amount - Total LR Amount Paid

• Monthly Entry

  • Interest Amount = Remaining Principal Amount * Interest Rate / 100 / 12

  • Lease Receivable = MRR Amount - Interest Amount

Create Amortizations Automatically

• Use the Hourly routine configured on the Job Scheduler, with Job name = “Create Lease Amortizations” and Class name GF_CreateLeaseAmortizationSched

• All errors will be displayed in the field Error Message.

• Batch size = 1

• Need to create a view to display the error.

Cancel an Amortization

• Navigate to the Lease Amortization record that you want to cancel.

• Click the Cancel Lease button to initiate the process.
  

  

• A cancellation entry will be inserted into the amortization schedule.

  • Lease Receivable = LR Booked Amount - Total LR Amount Paid

  • Invoice Date = Today()

  • The system will flag the amortization as canceled.

...