Early termination of contract in OC Financial Leasing App

In Financial Leasing App is possible to make early termination of contract in simple steps.

In the first step you have to go to active contract card, which you want to make change on and update financing period

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After recalculation of payment calendar you will see that the rest of unpaid payment amount is divided accordingly.

In second step you have to Change Status and click on Early Termination of Contract.

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Then, the process of Early Termination of Contract is very easy! See video below. Video describes change of financing period, payment registration and also statuses of the contract up to archivation of the contract.

https://www.youtube.com/watch?v=EB2YYIHeVss&list=PLGrwYyCxmp1RjVv_gk7TzUZpOnhoOUDot&index=17

 

Note:

The contract can be early terminated only from the last unposted instalment that you see in the payments calendar.

Follow up:

How to change financing period

How to change financing rate

How to change principal amount

How to work with bulk changes