Payment Plans in Invoices

Overview

• Users can split their invoices into a payment plan installments.

• A split can be made both on Percentage basis as well as amount basis.

• Each split carries with it a Due Date and Payment Status of that split. Notifications will go on split's due date reminding user to Pay their installment (if not paid already).

• Payments can be done only in predefined split and user can choose to pay one or more installment at a go. An Invoice will get paid once all installment are paid.

• Automate payments for invoices with scheduled payment plans: While clicking on send for invoice, enable auto-payments and start charging automatically for subsequent payments on scheduled payment dates.

How to use?

• Click on add payment schedule in an invoice.

• Set up the payment terms with a percentage or fixed amount and send it.

• User will view the invoice with ability to view the plan on the invoice.

• User will then pay the invoice and have an option to either select that payment schedule value or add other schedules as well by clicking on a checkbox.

How to enable Auto-Payments on single invoice with a payment plan?

• Set up auto-payments: Click on send -> In the modal, enable auto-payments by clicking on the blue toggle while sending your invoice which has a payment schedule.

• Use customer card (Card used for paying the first time), saved cards of the customer or a new card while sending the invoice out.

• View details of the auto paid invoices in the transactions.