Number of Instalments

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Number of Instalments

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A total of £55.55 has been selected to pay in 10 instalments with a 1st 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.

 

PaymentScheduleNumberOfInstalments

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The total amount £55.55 less £5 is divided by the number of instalments remaining (9).

When this is not equally divisible, the following message will be displayed, allowing you to either accept the suggested First Payment amount or adjust the amount yourself

 

PaymentScheduleNumberOfInstalmentsCalculation

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

 

PaymentScheduleConfirmationSchedule

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