Payments plans are available for client invoices.

To create a payment plan, you must first have the invoice created.

Once you have the invoice, you are then able to create the payment plan.

 

Next you need to create the plan using either a "Duration" or "Instalment Value".

To set Plan up by "duration"

  • The Start Date defaults to the current date, change if required.
  • Instalment Frequency ( Weekly,Fortnightly,Monthly) select from drop down
  • Duration set (instalment number)
  • Instalment Value is greyed out and will change with the selection based on the frequency & duration set.
  • Last Instalment on - is calculated from the set selection.

Now Click OK

or

 

To Set Plan up by  "Instalment Value"

 

  • The Start Date defaults to the current date, change if required.
  • Instalment Frequency ( Weekly,Fortnightly,Monthly) select from drop down
  • Instalment Value ($) needs to be entered.
  • Duration ( instalment number) is greyed out and will change with the selection based on the frequency & Instalment Value set.
  • Last Instalment on (grey out) - is calculated from the set selection.

Now Click OK

 

Once Payment Plan has created, it should look similar to the below.

 

How to apply payment to Plan

From the payment area, select from the drop down "New Payment"

Enter details required, and select by ticking the box/s on the "Payment Plan Instalment" field the instalment/s the payment relates too.

 

When the client has paid the Instalment a green tick is indicated against the schedule.

Should look similar to the below.

 

To Edit, Export, Print or Delete a Payment Plan select from the Payment Plan drop down.

If you require the payment plan to be on a letterhead or with more detail, a mail merge using a template created can be used.

This template should be saved to the Letter Template Folder.