MenuCtrl KالعربيةContact

01Softlease · Lease-⁠to-⁠own operations

Lease-to-own operations in one controlled system.

Softlease manages lease agreements, installations, lease calculations and proposed journal entries, alongside the ERP you already run.

Built from ConsultTik’s real leasing implementation.

Talk to us about Softlease
Softlease ledger: an agreement, its installations and the number-free lease ledger they drive
Illustrative schematic, no real data

02The problem

Where leasing gets stuck

  1. Lease quotations, calculations and reports live in spreadsheets.

  2. Lease contracts are stored as records with no financial interaction.

  3. Lease entries are booked manually into the ERP.

03How it works

The installation drives the lease

Add installations to an agreement, then follow one line from the contract to the ERP.

How the installation drives the lease

  1. A lease agreement is drafted: auto-numbered, with the customer PO, implicit rate, term, currency, payment frequency and sales rep, a mandatory attachment and workflow approval.
  2. Each installation fills a contracted slot and is linked to the agreement, with its device serial and terminal.
  3. Installed quantity can never exceed the contracted quantity. Additional quantity requires approval.
  4. Generate: lease receivable, interest, amortisation schedule, deferred interest, monthly interest-revenue recognition and VAT schedule.
  5. Propose journal entries: lease receivable invoice, installation journal and interest revenue recognition, with batch and date.
  6. Post in your ERP: the entries cross the shared integration database to the ERP you already run.
Illustrative schematic: not product screens, no real data.
  1. Agreement
  2. Installations
  3. Schedules
  4. Journals
  5. ERP

Lease agreement

Contract no. (auto-numbered)
—
Customer PO
—
Implicit rate
—
Term (months)
—
Currency
—
Payment frequency
—
Sales rep
—
Attachment (mandatory)
—
Approval (workflow)
—

Contracted slots

Installations

  1. InstallationSerial —Terminal —Open slot
  2. InstallationSerial —Terminal —Open slot
  3. InstallationSerial —Terminal —Open slot
  4. InstallationSerial —Terminal —Open slot

RuleInstalled quantity can never exceed the contracted quantity.

Lease calculations

Generate by contract, by a list of contracts or by date.

  • Lease receivable
  • Interest
  • Amortisation schedule
  • Deferred interest
  • Monthly interest-revenue recognition
  • VAT schedule

Proposed journal entries

    Shared integration database

    ERP supplies: customers, items, currencies, sales reps

    Softlease returns: receivables, schedules, journals, deferred interest, VAT entries

    The ERP you already run

    • Lease receivable invoiceBatch —Date —ProposedPosted
    • Installation journalBatch —Date —ProposedPosted
    • Interest revenue recognitionBatch —Date —ProposedPosted

    The ERP stays the system of record.

    Roles

    • Sales Rep(Agreements)
    • Lease Accountant(Installations and schedules)
    • Managers(Read-only)

    04Capabilities

    Capabilities

    1. Lease agreement management

      • Auto-numbered contracts
      • Customer PO
      • Implicit rate
      • Term in months
      • Currency
      • Payment frequency
      • Sales rep
      • Mandatory attachments
      • Workflow approval

    2. Installation-driven leasing

      • Each installation or job linked to the agreement
      • Device serial and terminal traceability
      • Installed quantity can never exceed contracted quantity
      • Additional quantity requires approval

    3. Lease calculations

      • Lease receivable
      • Interest
      • Amortisation schedule
      • Deferred interest
      • Monthly interest-revenue recognition
      • VAT schedule
      • Generate by contract, list of contracts or dates

    4. Proposed journal entries to the ERP

      • Lease receivable invoice
      • Installation journal
      • Interest revenue recognition
      • Batch numbers and dates for traceability
      • Status of journal and invoice per installation

    5. Reports & inquiries

      • Installations per contract
      • Amortisation schedule
      • Invoices per month per contract or installation

    6. Integration

      • Via a shared integration database
      • ERP supplies customers, items, currencies, sales reps
      • Softlease returns receivables, schedules, journals, deferred interest, VAT entries
      • Works alongside the ERP you already run

    7. Security

      • Role-based access
      • Sales Rep
      • Lease Accountant
      • Managers read-only

    05Integration

    Works alongside the ERP you already run

    1. The ERP you already run
    2. Shared integration database
    3. Softlease

    ERP supplies customers, items, currencies, sales reps

    Softlease returns receivables, schedules, journals, deferred interest, VAT entries

    The ERP stays the system of record.

    06Roles

    Role-based access

    • Owns

      Sales Rep

      Agreements

    • Owns

      Lease Accountant

      Installations and schedules

    • Reads

      Managers

      Read-only

    Running leases or rentals across contracts and installations?

    Talk to us about SoftleaseAsk ConsultTik

    Or write to us directlyinfo@consulttik.comsales@consulttik.com

    ContactAsk ConsultTik
    Languageالعربية
    Call our offices

    Loading search…

    ↑↓ to move · Enter to open · Shift+Enter to ask · Esc to close

    Ask ConsultTik