Hire Purchase Schedules (non-expiring)

Calculate interest, borrowing expenses and EOFY balances on a hire purchase loan.  Additional calculators will calculate interest on an early payout and summarise multiple hire purchase contracts for consolidated balances.  The package includes the following 6 Excel files –

  • Hire Purchase – Monthly
  • Hire Purchase – Fortnightly
  • Hire Purchase – Weekly
  • Hire Purchase – Monthly Structured
  • Hire Purchase Early Payout
  • Hire Purchase Summary

Warning: these files are not compatible with Microsoft Excel versions 2016 and earlier.

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.

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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

Screen Shot – Fixed Repayments

Screen Shot – Structured Repayments

Screen Shot – Journal Worksheet

Screen Shot – Early Payout

Screen Shot – Summary for Multiple Loans

Videos

Hire Purchase Schedules
Site Tour
Visit our YouTube channel