Use Payment Plans to split your members' invoices into smaller, more manageable payments spread out over time, instead of paying the full amount all at once.
Before You Begin
To create a payment plan, the member must have an active invoice on their LegFi account.
How to Create a Payment Plan:
- Click Invoices on the navigation menu.
- Scroll down to the invoice you wish to create a payment plan for.
- Click on the ellipsis under Actions and choose Payment Plan.
- Choose percentage mode or dollar amount mode.
- For dollar amount mode choose the balance to split and how many number of splits.
- For each payment enter the amount, active date, and due date.
- Enter a late fee and how many days after the due date it will be considered late. (Optional)
- Click Create Payment Plan
- For percentage mode choose how many payments.
- Enter the percentage for each payment. (The split must be equal to 100% total)
- Enter the active date and due date.
- Enter a late fee and how many days after the due date it will be considered late. (Optional)
- Click Create Payment Plan
How to Create Payment Plans in Mass:
- Select the boxes to the left of the necessary members' invoices.
- Under the Actions dropdown, select Payment Plan.
- Enter the percentage for each payment. (The split must be equal to 100% total)
- Enter the active dates and due dates.
- Enter a late fee and how many days after the due date it will be considered late. (Optional)
- Click Create Payment Plan