Purpose
The creation of refinancing contracts involves three steps:
Creating a refinancing tranche
Editing the tranche
Posting the tranche
You can use this report to create a refinancing tranche. The systemsearches for the leases that are pending for refinancing and that matchyour selection criteria and saves them in a tranche.

Prerequisites
You have defined one or more refinancing programs with reportEdit the Refinancing Program.

Features

General Information
Enter the necessary data in fields Company Code (required),Contract Number, and Lease Start Date.
You can also click Dynamic Selections>/> to use predefined fieldsfrom the logical database.

Tranche Information
Enter a number (required) for the tranche tocreate in each selection run.

Refinancing Information
Enter the required refinancing program in fieldRefinancing Program Number.
Optional selection criteria:
Lessee country
Minimum Present Value per Tranche
Minimum Present Value per Contract
The system displays the following data:
Refinancing Key Date
Interest Rate for Refinancing

Information for Sale-and-Leaseback (SALB)
When you perform a refinancing as SALB transaction, the followingprocessing parameters are available:
The interest rate for present valuecalculation can differ from the interest rate for refinancing. If youset checkbox Interest Rate from Consumer Contract, the systemdoes not calculate a uniform interest rate for the present value of theentire tranche, but instead uses the individual interest rate from eachlease.
You can configure a percentage discount fromthe residual value. The system increases the last installment by theamount resulting from the reduction of the residual value by thespecified factor.

Additional Information
The following additional settings are available for the program run:
Test Run
The system does not save the tranche, but instead writes a log. You candisplay the tranche directly after running the report.
Application Log
The system displays the application log directly. You can also displaythe application log in transaction SLG1.
Edit Tranche Directly
The system goes directly to tranche processing after the report runs.This flag is particularly useful during test runs.