Default Terms Table

Access

Use this optional routine to create and maintain a table of default term months based on finance amount. This table is used when creating a contract for this plan during Installment Worksheet entry. When you create a table using this screen, the table is built in ascending order of finance amounts.

Finance AmountEnter the finance amount for which you are entering a corresponding default term. During contract entry, if the amount being financed is equal to or greater than this amount, but less than the next higher amount in the table, the corresponding term in the table is offered as the default.  

TermIndicate the number of default term months for the corresponding finance amount. Once you enter/edit the finance amount and term, click the Add button to update the grid.