Products Catalog

Specification

The IDS Leasing / Consumer Finance basic package contains Lease Administration, It accepts as input: Lease Contracts, interest rate changes, lease asset, insurance, payment instruments and rental payments
IDS Leasing package :
-. Amortize rental payments
-. Calculate payment amortization
-. Calculate outstanding principal, lease receivable, unearned income
-. Calculate adjustments due to change in the interest rate
-. Calculate grace period interest
-. Monitor payment instrument
-. Produce management reports
-. Make schedules for payment
-. Recalculate schedules of contracts with floating rates
-. Calculate overdue payment
-. Create & transfer data to GL Module
-. Handle Multibranches