Contract fields
This section describes the specific contract fields for Cost Settlement. For more information on the other contract fields, see the Contracts and Lease Accounting documentation. The fields listed below are all life cycle aware. The value of these fields is only checked on the start date of the settlement run. Changes during the settlement run period are not taken into account.
Field
Description
Settle net costs?
Specify if net costs must be settled. If nothing needs to be paid back or charged for a contract, set this option to No.
Threshold for net costs to be settled
Enter a threshold amount for the net costs to be settled. If the service costs are equal to or below this threshold, the costs will not be charged to the lessee.
Settle VAT costs?
Specify if VAT costs must be settled.
Threshold for VAT costs to be settled
Enter a threshold amount for the VAT costs to be settled. If the VAT costs are equal to or below this threshold, the costs will not be charged to the lessee.