There are three different options of Schedules available. Follow any of these links for further information
Select this option when the customer wants to pay only a certain number of instalments.
A schedule will be calculated by taking the initial payment (if entered) and dividing it by the number of instalments.
If the total cannot be divided equally, the difference will be added to the Initial payment. See HERE for an example
This option is used when a customer wishes to complete payment by a specific date.
The number of instalments will be calculated according to the Instalment Frequency and any difference which can not divide equally between the instalments will be added to the first payment. See HERE for an example
Use this option when a customer can only afford to pay a specific amount.
The number of instalments will be calculated according to the Schedule Amount entered. Any difference which cannot be divided equally between the instalments is added to the first payment. See HERE for an example