How to add Payment Plans to your Invoices?

Overview

• Users can split their invoices into a payment plan installments
• A split can be made both on Percentage basis as well as amount basis
• Each split carries with it a Due Date and Payment Status of that split. Notifications will go on split's due date reminding user to Pay their installment (if not paid already)
• Payments can be done only in a predefined split and users can choose to pay one or more installment at a go. An invoice will get paid once all installments are paid.
• Streamline invoice payments with automated scheduled plans: When sending an invoice, simply enable auto-payments to ensure subsequent payments are charged automatically on their scheduled dates.

How to use it?

• Click on add payment schedule in an invoice
• Set up the payment terms with a percentage or fixed amount and send it
• User will view the invoice with ability to view the plan on the invoice
• User will then pay the invoice and have an option to either select that payment schedule value or add other schedules as well by clicking on a checkbox
  How to enable Auto-Payments on a single invoice with a payment plan?
  • Set up auto-payments: Click on send -> In the modal, enable auto-payments by clicking on the blue toggle while sending your invoice which has a payment schedule.
    • Use a customer card (Card used for paying the first time), saved cards of the customer or a new card while sending the invoice out.
• 
  View details of the auto paid invoices in the transactions