The system allows you to list each unit on the lease application, identify with it with a unique ID, set the attributes of the asset (e.g. new or used, starting mileage, colour, etc.). In the Application stage, each asset has a defined supplier, purchase price, tax group, residual value and more. In the Active Contract stage, an asset master record is used for depreciation (depending on the financial product), asset valuation, and security registration processes. You can have multiple assets on a single contract.