To download updates for RTO Pro you can go to www.rtopro.com and follow the prompts for downloading an update.
You can also download an update by clicking on Help > Download RTO Pro Update from the menu bar on the Main Menu. This will start a function that will enable you to download and install an update easily. You must have internet access and you must be on-line for this function to work. You also must have the current user name and password to download an update. Call 800-351-6299 to get the current password.
This is a lease contract with a minimum of 5 months and with a balloon payment. To enable this feature check the "Handle Leases like Federal Lease Law" option in the Contracts tab of Store Setup (Setup Menu Option 1). All leases loaded after you check this box will be handled like a Federal Lease.
The early payoff for a Federal Lease is calculated as follows: Total balance – balloon x .25 + balloon
The default balloon amount is calculated as follows:
If number of months on contract is smaller than 13 the balloon is 2 months payments
If number of months on contract is smaller than 13 to 18 the balloon is 3 months payments
If number of months on contract is greater than 18 the balloon is 4 months payments