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Your organisation can elect to have certain fees charged in instalments throughout the year rather than a lump sum because you want:

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Select the Use Instalments flag on the General tab of Fee Maintenance for each fee that is charged out in instalments. See Debtor Fee Maintenance - General tab.  To set up instalments, see the Synergetic Financial Configuration - Debtors tab - Page 1 sub-tab in the System maintenance manual.

The instalment frequency can be changed for individual debtors as required. This can be done when sending out debtor statements, offering them the option of alternative instalment frequencies.

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• The initial fee charge posts the first instalment to the G/L Income account.
• The remainder posts to the Unearned Instalments Control account.
• Any further charges are deducted from the Unearned account and added to the Income account.

For example:

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