Introduction OLFM stands for Oracle Lease and Finance Management. It has also been known as OKL (Oracle Contract for Lease)…
Author Kanti Jinger
Accrual Processing in OLFM Introduction Accrual is a process of recognizing income. In a lease contract, the payment from customer…
Lessors can author Lease contracts with mix of new and re-leased assets on the same contract. Prior to this enhancement…
Usage Based Billing (UBB) in OLFM Usage Based Billing (UBB) functionality in OLFM can be used to bill for usage…
Lessors require lessee to insurance the equipment being leased. They may further require lessee to purchase life insurance or property…
A Lease contract undergoes the following processes during the authoring: QA Check Pricing Approval Activation This Blog discusses the approval…
How to Rebook a Contract from Back-end Once a contract is in BOOKED status, it cannot be modified, it has…
Custom Sources and Mapping Sets in SLA When integrating SLA with your application, custom sources and mapping sets are often…
What is Security Deposit? Security deposit is an amount which is collected from Lessee when credit-worthiness of lessee is not…
Subsidy is an amount provided by manufacturer or a dealer to the lessor to increase the margin on the deals.…