In this article, you will learn: How to create and manage installment plans with customized payment dates and amounts.
Content Overview
Overview of the Function
The new feature for individual installment plans allows you to define flexible payment dates and amounts. You can customize installment plans to better suit the needs of your members.
Customizing the Installment Plan
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Define Installment Amounts and Durations
- Determine the amount of each installment or the total duration of the plan.
- A start date can also be specified.
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Set Custom Payment Dates
- A specific due date in the future can be chosen for each installment.
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Add or Remove Installments
- Use the table to define additional installments and adjust existing entries.
- The remaining balance will be automatically calculated and displayed.
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Default Restrictions
- The total of the installments cannot exceed the original amount of the claims.
- Due dates cannot be set in the past.
Important Notes
- A blue minus button in the table allows you to delete installment rows.
- Remaining balances are displayed at the end of the table, ensuring the total amount is correctly distributed.
- Note that this feature must be activated and is only available to users with the appropriate permissions.
Permissions and Rights
Specific permissions are required to use individual installment plans:
- Create: This permission allows the creation and editing of installment plans.
- User Roles: Administrators and office staff can access this feature. Other roles such as “Read Only” are excluded.