Customer Accounts: Recurring Payment Calculation

  1. Calc: function will calculate the field that you left blank and provide a Summary of the payment terms
    • If a payment amount is entered, the number of months is calculated and populates the Summary
    • If the number of months/payments is entered, the payment amount is calculated and populates the Summary
      Selecting the Calc button after entering a Payment Amount (above) will populate the Summary with the calulated number of months
      Selecting the Calc button after entering the number of months/payments (above) will populate the Summary with the calulated Payment Amount
    • If you make changes to any field, the summary will change. If you don’t recalculate, you may leave a remaining balance based on the changes made
      Best Practice: Click the Calc button each time a change is made in order for the other fields to update and recalculate the summary results
  1. Payment Details
    1. All fields are required
    2. Select Create
    3. Details page appears showing the accepted terms of payment