Finance Options
Use the Finance Options screen to calculate the possible monthly payment amounts based on the quote amount, the number of months the unit is to be financed and the finance interest rate.
To open the Finance Options tab, hover over a Reference Number on the Equipment Quoting screen and select View from the pop-up menu. Then click the Finance Options tab.
Financial Options tab
The fields on the Finance Options tab:
| Field | Description |
|---|---|
| Quote Total | The unit's total quote amount. |
| Months | The number of months (maximum of 99) that will be taken to pay off the unit. |
| % Rate | The monthly interest rate (maximum 99.9%) that is being charged. |
| Payment | The monthly payment amounts. |
Note: The results of this calculation and any subsequent changes to the values entered are stored as an equipment quote comment and will print on the quote. These values are not transferred to the equipment invoice when the equipment quote is converted to an invoice.
Use these buttons to complete your work on the Finance Options tab:
| Button | Function |
|---|---|
| Calculate | Calculates the monthly payment amounts. |
| Clear | Clears all values entered on the Finance Option tab. |
| Save | Saves the changes made on the Finance Option tab. |
| Save & Close | Saves the changes made on the Finance Option tab and closes the quote. |
| Close | Closes the Finance Option tab without saving and returns to the Equipment Quoting screen. |