FINMAN is a collection of loan calculation and
other financial tools.
FINMAN handles "Compound Interest" loans, "Smple
Interest" loans and "Lease" loans. In all instances, the
interest can be distributed using conventional distribution or Rule of
78 distribution.
The
"Lease" option covers residuals and advance and arrears payments, but
does not have the sophistication of our other product "LEASEMAN".
For
all schedules, payment terms can be - Yearly, Half Yearly, Quarterly,
Fortnightly, Monthly or Weekly. Entered data can be easily
edited
and re-printed to cover "what if" situations.
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