Participants

The Participants page is accessed through the Lease Header. This page allows users to add Vendor(s) other than the lease vendor for the Expense Lease or add customer(s) other than the lease customer for a Revenue Lease.

Prerequisites

• All charges must be set up in the Lease Charge line before navigating to the Lease Participant page; otherwise, the corresponding charge won't be available.

• The Start Date and End Date must be set up within the Lease Term.

Additional Information

• Users can only select a Non-Primary Vendor or Customer who is not already the Lease Vendor or Customer.

• The charge frequency is based on the setup in the Lease Charge and cannot be changed.

• Percentage fields cannot be empty (except for the Sales-Base, One Time Charge Percentage field).

• The Percentage cannot be more than 100%.

• If the percentage of all billing line periods added together is less than 100%, the out of balance charge payment will automatically go to the primary vendor/customer.

• More than one participant is allowed in the same billing line period (e.g. 1/1/2025), however, in the corresponding period the total amount of the percentage cannot be more than 100%.

• The Amount cannot be more than the total charge amount in the same billing line period.

• The Amount field only supports Revenue Exemption Leases and Expense Short Term Leases.