shelld79
Experienced Partner
It would be great if MYOB had the ability to have HP or loan repayment schedules entered so that payments can be automatically allocated for each payment period according to the loan documentation. This would be so handy rather than having to work out the principal and interest amounts manually for each payment, preparing a schedule in another form of software such as excel or doing a recurring entry for each period.
Growers
12 years agoTrusted Cover User
I raised a similar example a few weeks ago which you might like to study as it covers much the same issue.
Greg
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