Last Payment Date

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Last Payment Date

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A total of £55.55 has been selected to pay by 29/07/2016 and with a first payment being £5.

The first payment amount is optional and if not entered, the total amount will be divided equally across all instalments and if the remainder cannot be divided equally between the number of instalments, an 'Incorrect Calculation' message will be displayed, showing a new suggested First Payment.

The system will calculate a schedule based on the Payment Frequency and the Last Payment date selected.

 

PaymentScheduleLastPaymentDate

Once confirmed, the suggested Schedule is displayed, which can then be Confirmed or Changed

PaymentScheduleLastPaymentDateSchedule

 

Once the Schedule has been confirmed, the Schedule will be added to the Customer's records and can be searched from within the Payment screen.