Upload of Contract details at outset to save time when creating a Recurring Contract
We use the Contract system for our recurring leases. These payments have amortized schedules for Principal and Interest.
At present when we enter them, although we can create a Bulk Add for the coding, we still have to enter each amount (Principal and Interest) manually for every transaction and each month because the Principal increases as the Interest decreases.
It would be helpful to have either
a) a system so that we can import the amortization schedule from Excel or
b) Some multiplier to be able to automatically create the Principal/Interest from the monthly payment total and the number of months of the lease
2
votes
