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NEWS
Lease Accounting and Management System – Version 2.0
Version 2.0 of the Lease Accounting and
Management System is now available. This
new version of our lease accounting system is packed full with new processes,
new data fields, report sort options, and lots of behind the scene changes.
We’ve been listening to all the suggestions made by our customer base
and have processed over 300 software modification requests - all of them packed
into this new and exciting version. Here
are a few of the things we’ve done in the 2.0 version.
- Posting
Journal Report and Lease History Inquiry now contain the User
I.D. of the operator posting the transaction
- Released
assets will now carry the same lease number through each release.
An extension will be used to distinguish between the various leases
associated with the asset
- Name
fields can be parsed to last, first, middle and suffix for better credit
bureau reporting capabilities
- Added
Doing Business As (DBA) fields for the Lessee
- Zip
code fields can now contain alpha/numeric characters so Canadian
addresses can be entered
- Added
bank account numbers and ABA numbers for the Lessee
- Added
Credit Score and Credit Ratings fields for the Lessee and all Guarantors
- Added
four more Guarantors per lease account
- Delinquency
notices can now be sent to guarantors
- Added
an additional insurance policy
- Policy
types, status codes, and exception override capabilities have been added
for each insurance policy
- Comma-delimited
files can be created for invoice and coupon data
- Tax
rates have been increased to four decimal places
- Collection,
Insurance, Title Remarks/Notes have been increased from 60 characters to
300 per remark/note
- A General
Lease Remarks/Notes program has been created
- Lease
history and remark/note information can be retrieved within date
ranges in the Data Extract system
- Report
processing speeds have been increased
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