How would I link a lease payment to hire purchase account. How would I go about setting the interest payment and principal payments so it does not complicate the income statement and balance sheet?
Example: If I bought a machine for £100,000 where I am paying lease at 12% for 5 years. At the end of the payment I will own the machine. I will be paying a fixed monthly payment of £2,224.44 every month for 5 years. How would this be setup on Odoo so that my balance sheet and income statement is accurately recorded?
