In order to create a Payment Plan, follow these steps:
- 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