Crunchafi

How can I enter semi-annual payments into Crunchafi Lease Accounting software?

To enter semi-annual payments in Crunchafi Lease Accounting software, you need to create two separate annual payment streams, each corresponding to one of the semi-annual payment dates, to accurately reflect both payments in the system.

To enter bi-annual payments in Crunchafi Lease Accounting software, you should enter two annual payment streams, each occurring on one of the payment dates.

Example:

  • Create one payment stream for the first semi-annual payment date.
  • Create a second payment stream for the second semi-annual payment date.

This approach ensures that both semi-annual payments are accurately reflected in the system.