How to Set Up FI, RBF, PayGo, and Hire Purchase on an Offer

What you will achieve

• Recognize every financing field on the offer form and what each one controls.
• Understand which financing types need eligibility first (FI, RBF) and which go live the moment you save (HP, PayGo).
• Read a Hire Purchase schedule row correctly — down payment, financed amount, interest, and instalment.

Step-by-step

1. The whole block sits inside a card titled "Financing (quotations from this offer)" with a subtitle explaining it controls whether bank/FI financing may apply, optional hire-purchase schedules, and pre-sale when out of stock.
2. If pre-sale is available on your account, the first control is a checkbox "Allow pre-sale orders when stock is zero" — turning it on lets buyers check out at zero stock, flagged as pre-sale, with stock not decremented until you fulfill.
3. Next is "Allow bank / FI financing on quotations that use this offer" — a checkbox that stays visibly disabled (grayed out) until you are FI-eligible. If you are not yet eligible, a small warning line appears directly under it: "Apply to a financial institution and get approved before you can offer FI financing," with a link straight to the Financing Eligibility page.
4. The RBF block is next: "Make this offer RBF eligible" — checking it reveals a plan picker ("Approved RBF plan", showing plan name, a short note, and an "(expired)" tag if applicable), a "Subsidy type" dropdown (Amount = a fixed UGX reduction, or Percent = a % reduction), and a "Subsidy value" number field.
5. Once a plan and subsidy value are set, a live preview box appears showing "Estimated subsidy amount" and "Effective price after subsidy" as read-only calculated fields — this is what the buyer actually sees as the discounted price.
6. A note under the RBF block clarifies the division of responsibility: admin manages which plan exists and its lifecycle; you enter the actual subsidy amount on the offer; if the linked plan expires, the subsidy simply stops applying (no error, it just stops working).
7. The PayGo block follows: "Enable PayGo for this offer" reveals four fields — "Initial amount" (the upfront deposit/activation fee collected at sale), "Periodic amount" (the recurring collection amount), "Periodicity" (Daily / Weekly / Monthly dropdown), and "Term units" (the number of periods, e.g. 52 weekly collections) — plus an optional "PayGo note" text field (under 100 characters) shown to the buyer on their quotation, e.g. "Token-based activation after each payment."
8. The Hire Purchase block is last and the most involved: "Enable seller hire purchase (installment) for this offer" is your own in-house plan, with no bank involved — turning it off removes all HP plans from quotes and the product page (but your table rows are preserved in the form until you actually save with it off).
9. Once enabled, a line shows "Cash price (after public discount) — used for down payment and loan" as a reference figure, followed by an explanation of the math: the buyer pays the down payment first, whatever remains of the cash price is the "financed" amount, and that financed amount is repaid in monthly instalments with interest applied only to the reducing balance.
10. A "Quick fill — generate table rows" tool lets you type a Terms (months) value (e.g. "6" for six monthly rows, or "6, 12, 24" for one summary row per term), a "Down % of cash price", and an "Interest % p.a.", then click "Generate rows" to auto-populate the schedule table below — a "Replace existing rows" checkbox controls whether this adds to or overwrites what is already there.
11. The schedule table itself has 11 columns per row: Mo. (schedule month, blank = term-summary row only), Term, Down % (percent of cash price due upfront), Down payment (that percent converted to UGX), Financed (the amount borrowed after the down payment — this is what the reducing balance runs on), Rate % p.a., Monthly (the calculated equal instalment, read-only), Int. (interest portion for that month, or total interest for term-only rows), Prin. (principal repaid that month), Loan after (remaining balance after this payment), and Cumulative (total paid by the buyer so far, down payment plus instalments to date).
12. You can also add a row manually with "Add hire purchase plan" instead of using Quick Fill, and remove any row with the small × button at the end of that row.

Seller checklist

• FI toggle is not assumed to work just because it is checked — confirm eligibility is actually approved first.
• RBF subsidy value and type are checked against the live "Effective price after subsidy" preview before saving.
• PayGo periodic amount × term units is sanity-checked against the intended total price.
• At least one Hire Purchase schedule row is generated and its Cumulative column is checked to equal the cash price, confirming the math is internally consistent.

Frequently Asked Questions