Set up Hire Purchase

[Tracey_Anstarr]

We are selling a truck through a hire purchase agreement.

I need help to set this up in my system.

Eg: price of vehicle $10,000 +Gst

12 Monthly payments

Interest rate 8.9%

Residual payment $3,000

I would be much appreciative of some assistance.

Thank you

[Sean_DC]

Hi @Tracey_Anstarr 

Thank you for your post. May I extend a warm welcome to the MYOB Community Forum.

This Help Article, Set up a hire purchase arrangement, has detailed steps and information that you can use as your guide when it comes to recording in the system. If you need further assistance on it, I would already suggest speaking to an account. 

Please feel free to post again. I'm happy to assist further.

If my response has answered your enquiry please click "Accept as Solution" to assist other users in finding this information.