You can efficiently manage the installment plan set up on an invoice.
1. Navigate to Finance > Invoices on the Navigation Menu.
The Invoices page is displayed.
2. Click View in the dropdown list in the desired invoice row under the Options column.
The Invoice Details page is displayed.
The Installment Applied tag is visible if the invoice has an installment plan set up on it.
Additionally, you can view the invoice date, the next due date, payment terms, and the billing period in the Invoice title panel.
You can also view the due date of the next reminder for the invoice payment.
3. Click Installment Applied.
The Invoice Details > Installments section is displayed.
4. Click Edit from the dropdown list in the desired installment row under the Actions column.
The Installment Plan dialog is displayed.
Here, you can do the following actions:
Editing the installment breakdown amount - You can adjust the specified amount in the plan breakdown to reduce or increase it as desired.
Adding new installment breakdown - You can add a new breakdown for the installment plan by clicking ADD INSTALLMENT. A new row of the installment breakdown is visible where you enter the required values.
Note: The total of the installment amount should match the total invoice amount for the successful saving of the installment plan.
If the total installment amount is less than the total invoice amount, an error message will be displayed, indicating an insufficient amount.
If the total installment amount is more than the total invoice amount, an error message will be displayed, indicating an exceed in amount.
Removing an installment breakdown - You can delete a breakdown in the installment plan that is not needed by clicking the icon in the row of the installment breakdown.
Scheduling an installment - You can edit the payment schedule auto-calculated by the system by selecting dates from the corresponding date in the Date column.
Note: If an installment due date selected is after the invoice due date, an Invalid Due Date dialog is displayed with a message describing the error. You will also be prompted to either cancel and select a new date or confirm and continue with the selected date.
