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.

Manual Post & Un-Post Amortization GL Enries

Lease Amortization Line List Views

...

• The system will create reverse G/L entries if un-post is successfully run.

  • Sample reverse entries:

...

Automatic Post Amortization GL Entries

• Use the Hourly routine configured on the Job Scheduler, with Job name = “Post Amortization GL Entries” and Class name GF_PostAmortizationEntriesSched

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

• Batch size = 1

• Need to create a view to display the error.

Open Questions/To Dos

1. Work with Umair to create and test different test cases:

   1. Salesforce Invoice with one product

   2. Salesforce Invoice with multiple products.

   3. Salesforce Invoice with discount

   4. Salesforce Invoice with sales tax (Texas charges Sales Tax on the first invoice?)

      1. SW: Please send some examples.

   5. Salesforce invoice with downpayment

      1. SW: Need the Home Water team to create test invoices with a down payment line

   6. Excel Sheet with Examples

      1. https://microdatanet1988.sharepoint.com/:x:/s/Clients/ES-9cKPQSJtKjv2iacvcnsoBie47orn_Gk8W_rOBTOMsPw?e=shJ7lo

2. Go Live, how should we handle open invoices?

   1. if we mass-create GF invoices and Amortization entries for existing Salesforce Invoices will it cause GL issues? such as double count?

3. The current First Invoice flag does not work on Renewed subscriptions, it does not flag the First Invoice of the renewed subscription!!!

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