How are installments generated in a daily lease contract?
When “Day” is selected as the leasing period for the contract, the system automatically generates one installment per day starting from the contract start date, with each installment amount equal to the daily rate entered when creating the contract. Each installment’s due date increments by the number of days specified in the payment frequency field — for example, if the payment frequency is “Daily,” a new installment becomes due every day, while a longer payment frequency increases the due date interval accordingly.
If you edit the contract’s start date or number of days after creation, the system recalculates and regenerates only the unpaid installments based on the new values, while any paid installments remain unchanged.