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Hire Purchase Schedules (non-expiring)

Hire Purchase Schedules (non-expiring)

Calculate interest, borrowing expenses and EOFY balances on a hire purchase loan with either standard monthly, structured monthly, fortnightly or weekly repayments.  Additional calculators will calculate interest on an early payout and summarise multiple hire purchase contracts for consolidated balances.  

For more information, read on and watch our 2 videos below to see a demonstration of using our hire purchase calculators as well as a brief tour of our website.  The hire purchase video will be updated shortly.

Warning: this file is not compatible with Microsoft Excel versions 2019 or prior, the cloud-based version of Excel, Excel for Mac or Google Sheets. 

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Description

Features

  • Unlimited use within your practice
  • All updates to files after purchase
  • Use for the life of the loan
  • Use for any period (no expiry date)
  • Amortise the loan
  • Calculate EOFY balances
  • Calculate deductible interest
  • Calculate deductible borrowing exps
  • Weekly, monthly or fortnightly payments
  • Structured loans with up to 10 diff payments
  • Worksheet for journal entries to your GL
  • Calculate interest if early payout
  • Hire purchase summary for multiple loans

Fixed Monthly Repayments

Structured Monthly Repayments

Journal Worksheet

Early Payout

Summary for Multiple Loans

Videos

Visit our YouTube channel

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