Do your clients need to make smaller payments over a period of time? Then add a payment plan to the contract to help close the deal!
To add a payment plan follow these instructions:
- Sales users should create a proposal as they normally do.
- The, select the Billing tab under the Edit Contract page.
- On the right hand side under Billing, select Add Payment Plan.
- Enter your Start Date.
- Enter your Number of Payments
- Then, select Create to add the payment plan to the proposal.
- Be sure to select Done in the bottom right hand corner to add the payment plan to the proposal.
- You can add additional payments to the schedule by selecting Add.
- Also, you can adjust the amount for each payment by editing the Amount. The system will automatically adjust the amounts for you.
- You can use the Divide Evenly button if you want all payments to be the same for each payment.
Setting up Auto-Payments for Payment Plans
Payment plans can be set up for auto-payments, meaning charges can be automatically made on the due date of any given payment plan installment. The instructions below will allow you to enable auto payments for your payment plans.
Note: In order to enable automated payments you must be integrated with a payment processor and have the client's preferred payment method saved on file.
- Follow the steps in the previous section to ensure your payment plan is set up.
- From the same screen, choose the Payment Account you wish to auto-charge under the Invoice Auto-Pay section.
- Select the Payment Handling field and choose the Automatically Charge on Due Date option from the dropdown. This will ensure that a charge is ran on the date the first payment is due, for the amount due, and will run charges for all subsequent payments for the day and amount they are due.
