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Installment (EMI) sales and collection — a contract in one minute

Down payment, monthly installments, contracts and collection — all in one place.

When installment sales are kept in a paper ledger, the accounts get mixed up — who paid how much, who still owes what, whose date is when. In PhoneSell Pro every installment sale is kept as a contract, and every installment is tracked separately.

Installment (EMI) sales
✦ What you will get

Installment (EMI) sales — key benefits

✓A contract in one minute

Enter the customer, the phone, the down payment and the number of installments, and the schedule is ready.

✓Split the down payment

Take part of the down payment in cash and part through bKash — more than one payment method is allowed.

✓Print the contract

Print a contract with the customer's and guarantor's details and keep it signed.

✓Dues and defaulter list

Whose installment is due today, who is running late — see it at a glance.

✓Collect via bKash and Nagad

The customer can pay installments through bKash/Nagad from the customer app, or at the shop.

✓Connected to the locker

When an installment is missed the phone auto-locks; when it is paid the phone auto-unlocks.

✦ How it works

In just 3 steps

1

Make the sale

Choose an installment sale from the POS.

2

Set the schedule

Enter the down payment and the number of months, and the schedule is created for you.

3

Collect

Take each installment — it is posted to the accounts automatically.

✦ Questions & answers

Common questions about Installment (EMI) sales

Can installment dates be changed?
Yes, you can reschedule; records of both the old and the new schedule are kept.
Can I keep the guarantor's details?
Yes, the guarantor's name, phone and NID can be kept with the customer, and they appear on the contract.
Is installment money added to the accounts?
Yes, every collection is posted right away to the cash/bank and income ledgers.
✦ See also

Related features

PhoneSell Pro — make every installment safe

Set up your shop in a few minutes, secure your first phone today — and stop chasing installment money.