An installment account is any account that has a fixed payment over a fixed period of time. Installment accounts in Argenta allow you to enter a starting balance, then add payments and increases, such as interest, over the life of the loan.

 

To Add an Installment Account

From the main menu, select “General Financials” and then select “Chart of Accounts”.
 
 
 
 
 
 
Click the “Add New” button.
 
 
 
 
This will open the Add A New Account screen.  Choose "Yes" to Is this an installment account.  This is a required field.
 
 
 
 
 
 
 
 
 
 
 
 
Click the “Add This Account” button.
 
The add window will close and you will see your new account in the Chart of Accounts list.

 

To View and Add Transactions in an Installment Account

Installment accounts have a separate account register. Argenta will direct you to the correct register based on the type of account you’re trying to access.


From the “Chart of Accounts”, click on the register icon  to open the register. This will take you directly to that account’s transaction register.

 
 


 

To View and/or Update Transaction Details in an Installment Account

Installment accounts have a separate account register. Argenta will direct you to the correct register based on the type of account you’re trying to access.

 


Delete Transactions in an Installment Account