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How to Model Equal Monthly Installment (EMI) + x% Interest Scenario against Sales Order/AR Invoice

edited Apr 24, 2023 10:25AM in Receivables & Collections 5 comments

Summary:

We have a business requirement to Model the EMI Scenario. Similar to how we buy products from Online Stores where we have an option to Pay in Full or Pay in EMI (With some X % Interest).

I do see an option to invoke Recurring Billing on the Sales Order Line. How to charge an additional Interest X % if Customer has opted for EMI Payment in Account Receivables.


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