Financial Contracts

General

Extends the functionality for managing financing contracts, enabling detailed tracking, calculation, and management of various contract types and conditions.

Benefits:

Enhanced Contract Visibility and Management:

• Gain deeper insights with flexible configuration of various contract types, including loans and leases, supporting different financiers and accounting treatments (e.g., interest, stamp duty, accruals, deferrals, short-term, medium-term, and long term financing).
• Simplify management of various interest rate types (Euribor, Libor, Tibor, and EONIA) with different indexations (e.g., 1W, 2W, 1M, 3M, 12M).
• Streamline the creation of financing plans according to contractual conditions, including the number of installments, periodicity, and monthly interest accrual.

Tailored for Specific Contract Management:

• Effortlessly manage additional contract expenses.
• Gain valuable insights with monthly accounting of the financing plan, including the possibility to correct values.
• Easily manage contract condition changes:

• Change interest rates.
• Update interest rates.
• Change the number of installments.
• Change stamp duty.

• Manage early capital repayment, both partial and total.

Leverage Familiar Tools, Achieve Powerful Results:

• Seamless integration with D365 Business Central.
• Utilize familiar contract management processes.
• Automate contract calculations and accounting entries.