In case installments are enabled in the General tab (prepaid in installments or post-paid in installments), the "Instalments" button would be made available to allow operators to define the Installment Payment Plan to be followed for invoicing the proposal, as explained below.
Parameter - Installments payment schedule
Description : List of the installments planned for the payment of invoices, indicating all their data (i.e. expiry date and amount) as defined in the Installment data area.
Parameter - Instalment data
Description : Detailed information on a selected installment:
▪Deadline: The date on which the selected installment should be invoiced.
▪Amount: The individual amount of the selected installment.
▪Invoice description: The description to be displayed in the invoice.
In order to create all the installments that makes up the proposal's installments payment plan, follow the steps described below:
1.Click on the <New> button to create the first installment.
2.Insert the installment 'amount' to be paid, the 'expiry date' to be used as deadline, and enter the description to be printed in invoice.
3.Press the <Save> button to save the new installment into current proposal.
4.You can repeat step 1 -3 to create installments covering the total proposal amount.
Finally, all lines pertaining to the current proposal are ready for invoice according to the installments plan set in this section.
For information about the invoicing process please refer to the Invoicing chapter.
Note
Please note that installment payment plans can be set for both, prepaid and post-paid proposals.