You can create an interim charge to synchronize an out-of-schedule
payment with the contract payment schedule, usually at the beginning
of a contract.
Before you begin
Before you can create an interim charge on a lease or rental
contract, the contract must be approved.
Procedure
- In the Lease/Rental Contracts application, select the contract
for which you want to create an interim charge.
- Select the Manage Payments action.
- In the Payment Schedule dialog box,
click New Row.
- In the Interim Charge field, specify
the amount that is due in this payment cycle to synchronize the payment
schedule.
- Click Generate Payments. The payments, including the interim charge, are generated.
- Save your changes.
Example
You leased or rented a car on the 10th day of the payment
cycle and, therefore, you would not owe anything from the beginning
of the payment cycle to the 10th day of the payment cycle. You are
only responsible for payment from the 11th day until the end of the
payment cycle. After making the interim charge payment, you are synchronized
with the payment schedule.