I am working at a site where asset purchases are transfer over to a leasing agency and are classified as operating leases. The client then uses a straight-line method for the invoice plan associated to the lease (fixed principal + interest on outstanding balance). I would like to set up the invoice payments without the use of a PO and invoice plan against the PO. They need the ability to see future obligations and run cashflow models. They have approximately 7,000 leased assets at any given time against 36 master lease agreements with multiple leasing agencies.
Edited by: Joe Chaffee on Feb 4, 2011 10:38 PM