How do I input a Disbursement Authorization (DA) for a lease purchase that will pay the commission in installments over a three-year period?
Enter a DA for each payment. Claim the Unit, Price, and Volume in the first DA and enter zero Unit, Price, and Volume in the other 36, yes, you read that correctly, 36 DAs. The close date for each of these 36 DAs will be for each month the payment is expected. For example, DA#2 close date = 11/00; DA#3 close date = 12/00, etc. Each monthly payment will include interest and should NOT be included as GCI in WINMORE. The interest portion should be coded to 9019000 Interest Income ONLY in Champion.
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