Installment cards are automatically generated by the application while recording slips or invoices for payment transactions with "Installment" payment types. Installment cards are accessed using the Installment Transactions option located in the right mouse button menu of the sales slip and invoice lists.
The fields on the Installment card can be used to track installment information and modify certain information. The installment information is:
Issue Date: The date of the slip constituting the installment. Can not be changed.
Due Date: The payment date of the installment. Can not be changed.
Status: Indicates the payment status of the installment. Paid installments are displayed as Closed, and outstanding installments are displayed as In Force.
Slip Type: The type of the slip constituting the installment.
Slip Number: The number of the slip constituting the installment.
Aux. Code: The aux. code of the installment card. This field is used to classify and report installments by various criteria. The auxiliary code is entered by the user.
Authorization Code: The authorization code of the installment. This data is entered by the user.
AR/AP Code and Title: The AR/AP code and title of the slip constituting the installment. Can not be changed.
Serial No: This field is used to enter the serial number if the installment will be paid with a check or P. Note.
Guarantor 1 and Guarantor 2: Guarantor information of the installment payment. Guarantor information specified on the slip or invoice is transferred into the installment. Guarantor information can also be recorded directly on the installment.
Required Value: The promissory note stamp amount of the installment amount.
The fields at the bottom of the installment card are used to track the paid and remaining amount information.