AR-1128 Contract Receivables System
Provides a simple way to track information on loans outstanding. In addition, it provides a method for dividing payments into Principal, Interest and Late Fees. There is an option to calculate interest on a daily rate, and, if in use, there is also an option to calculate a loan payoff amount. Sage Software Extended Solution AR-1080: User Defined Fields For Customer Masterfile must be installed and enabled in order for this Extended Solution to operate properly.