I remember the scratch pad, writing each month down and then calculating how many payments were left on the lease.
This is something I used to do with every lease upgrade because I did not have the patience to wait for the upgrade numbers and in most cases always second guessed at how the leasing company arrived at those numbers.
Problem is I would scribble the start date, today's date, and then figure out how many payments the has made to date. I also then had to calculate the monthly payment times the remaining stream of payments, and then add the return fee. It was always a mess if I needed to recreate or review my notes.
After years of making every mistake known to copier sales people. I moved to calculating the remaining payments in my pricing worksheet (which is a document that can be downloaded on the Print 4Pay Hotel forums). All was well and good, but I was still having issues with the start date, today's date, when we delivered new equipment. Plain and simple is was a cluster $%^# at least for me.
The other day, I decided to do something about it. I developed my own "Copier Stream of Payments Calculator. All you need to do is input the start date, today's date and the amount of the monthly payment and the rest if the information is calculated for you with the remaining number of payments, and the total for the remaining stream of payments and return fees. I can't tell you how much time this saves me especially when I need to do a quote ASAP and can't wait for the numbers from the leasing company!!!
Usually this file is reserved for Premium Print4Pay Hotel members, however if you register here and include a note in the BIO field stating "send me the Copier Stream of Payments Calculator", I will email that to you for free. I showed it to a few reps already and all have stated it's a real time saver and awesome to use in the field.
-=Good Selling=-
Comments (9)