Add New Installment to Lease Contract
The system allows you to add an extra installment to a lease contract directly from the contract view page, with the total contract amount updated automatically.
Required Permission: Manage Lease Contracts
Steps to Add a New Installment to a Lease Contract
- From the main menu, click on “Rental and Unit Management“.
- Click on “Lease Contracts“.
- Open the contract you want to add an installment to.
- Click the “Add Installment” button at the top of the view page.
- Enter the installment details.
- Click “Save” to complete the addition, or click “Cancel” to go back without saving.
Add Installment Fields
- Due Date: set the installment due date. (Mandatory)
- Amount: enter the installment value. Must be a positive number greater than zero. (Mandatory)
- Note: enter a description or note for the installment. (Mandatory)
- Attachments: upload files and documents related to the installment. Multiple files can be uploaded. (Optional)
Validation Rules
- The due date cannot be set to a date earlier than any installment that has been fully or partially paid. In this case the message “You cannot enter the due date to a date before any installment that has been paid or partially paid.” appears.
- The due date cannot exceed the lease contract end date. In this case the message “The due date must be earlier than or equal the end date of the Lease contract.” appears.
How the System Works on Save
- The new installment is added to the contract’s installments list.
- The total contract amount updates automatically based on the new installment value.
- The next installment date in the contract updates if the new installment’s due date is earlier than the current next installment date.
- The user is redirected to the lease contract view page.
- The addition is recorded in the activity log.
- The message “Lease Contract Installment Added Successfully.” appears.