Summary
In this scenario a customer is behind $500 and wants to pay it in 5, $100 monthly installments.
Key Points
Create a monthly Work Order series following the example below
*Optional: Credit Card Auto Pay set-up
Each month the invoice is paid delete the newly created invoice
Apply the payment to the existing unpaid/overdue invoices to pay them down
Create a Work Order series:
Billing tab
Billing Frequency = Monthly
Set next invoice date to the date payments are to begin
Other = Do not service, this is a monthly installment plan
Price = $100
Schedule tab
Technician: Needed to save the work order
Frequency: Seasonal (this is to keep it off the calendar as much as possible)
Pick the months for each payment
Ends after 5
Click Add to Work Pool [X] (to keep it off the calendar)
Click Save, go back to Work Order
Click Edit Series
Click Schedule tab
Change End date = one day before the installments expire
Click Update Series
*Optional: Credit Card Auto Pay set-up
Edit the Customer Account and set the automation to Auto Pay New Invoices
(Must have credit card on file)
For each month the invoice is paid...
Delete the newly created invoice
Edit the installment payment and apply the payment amount to the existing unpaid/overdue invoices to pay them down