After generating an invoice, you still have the flexibility to set up installment plans to ease the calculation of installment amounts through automation and track payments efficiently.
1. Navigate to Finance > Invoices on the Navigation Menu.
The Invoices page is displayed.
2. In the row of the desired invoice, click View from the dropdown list under the Options column.
The Invoice Details page is displayed.
3. Click the icon.
4. Click the Setup Instalment Plan from the dropdown list.
The Setup installments dialog is displayed.
Note: All the fields with an asterisk (*) are mandatory.
5. Enter the count of individual scheduled payments representing a part of the total invoice amount in the Number of Installments field.
6. Enter the scheduled time between two intervals of installments in the Time Interval Time Interval field and select the appropriate installment interval option - Daily, Weekly, or Monthly.
7. Select the date of the first installment from the Date of First Instalment calendar.
8. Click SAVE.
The Installment Plan dialog is displayed.
9. Check the plan thoroughly and click ADD.
For more information, refer to Managing Installment Plan.
The installment plan is added to the invoice.
