PS Installment Purchase

Rent to Own, also referred to as "Hire Purchase" in the United Kingdom and other areas, gives you a way to provide a payment plan document for a customer's purchase over a specific period of time. The customer makes installment payments over the term of the agreement or contract. Some portion of their payment is applied toward principal unless no financing or interest is included. The amount applied to principal may be either a fixed amount each month or vary if a declining interest (amortized) method is used (at your company's discretion).

Document Search Options

There are three Search Options for the PS Installment document: Account, Job #, and Amount. Users can also specify one or more branches (when applicable) and use any of the standard selection criteria that includes date ranges, user ID, reference ID, and notes. Most search and selection criteria may be used in combination and most fields support the use of the % wildcard character.

PS Installment Document Example