Installments: a practical guide for shops selling on installment plans

Selling on installments lets customers pay over time and grows your sales. This guide explains how an installment is calculated, what an installment plan and contract should include, and how to follow up on late payments.

Yearly subscription starting at 35 JOD.

The daily problem

  • Working out each installment by hand
  • A paper ledger that gets lost
  • Late payments nobody follows up
  • No clear balance per customer

How Aqsati solves it

Installment calculator

Price minus down payment, plus your margin, divided by months — with a full schedule.

Contract and schedule

A clear contract per sale with due dates and amounts.

Late-payment alerts

A daily late list and one-tap WhatsApp reminders.

How is an installment calculated?

Monthly installment = (price − down payment) × (1 + margin) ÷ months. Example: a 600 JOD phone, 100 down, 10% margin over 10 months = 55 JOD a month.

What an installment plan contract should include

Buyer and guarantor details, the item, total price, down payment, number of installments, due dates, and what happens on late payment. Add a promissory note for the remaining amount and give a receipt for every payment.

Screenshots

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Pricing plans

Prices shown are indicative — contact us for a final quote.

Just 35 JOD per year — no setup fees, and your data stays yours and can be exported anytime.

Frequently asked questions

What does installment mean?

Paying for an item in several scheduled payments instead of all at once.

What is an installment plan?

An agreement on the down payment, number of payments, amounts and due dates.

Is there a free installment calculator?

Yes — use our free installment calculator to build a printable payment schedule.

Is there installment management software?

Yes, Aqsati manages installment contracts, customers, products and late payments for 35 JOD a year, with a free demo.

Try the system now, free

Start with the demo or message us on WhatsApp and we'll set you up in minutes.

Contact us

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