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Operating lease & Financing lease

Posted on by Microsoft Employee

Hi 

We have a medical equipment where we sell it under monthly lease .But first 6 months(evaluation period) under Operating lease and then after that 6 months up to end of 30th month need to treat as Financing lease .Can we do this in NAV 2016 ? After 6 months end , will NAV be able to change it to Financing lease ? 

Thanks

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  • Suggested answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Operating lease & Financing lease

    Hi,

    You can use service module wherein 2 separate contracts can be created to bill customer. I believe all the medical equipment's come with serial no. & the service module will help in troubleshooting, tracing service log etc.

    Please try.

  • Hannes Holst Profile Picture
    Hannes Holst 5,767 on at
    RE: Operating lease & Financing lease

    Hi,

    Your scenario sounds like a recurring Sales invoice.

    You could create recurring invoices for the first 6 months based on the operation lease. The following 6 months you could select another recurring Sales Code.

    The details of the process are outlined here: docs.microsoft.com/.../sales-how-work-standard-lines

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