Installment Payments

Feature

We have started setup for tracking of installment payments.

You can now set up Customer Payment Terms for multiple installment payments on a Sale.

We'll be adding the rest of the process in the next update.

Suggested By

User request.

How to Use

To enter payment terms for installment sales, follow these steps:

1. Choose Payment Terms from the Options menu, and choose Customers from the submenu.
2. Click the New button to create a new set of terms, or click an existing item and click Edit.
3. Enter Installment Sales info into the fields at the bottom of the layout.
4. Click OK.

Technical Details

We'll be adding tracking for installment payments as part of the Sales Billing command, and as part of the new Billing Statement transactions.

If you need to track installment payments in your business, we would like to hear from you! Hearing your needs will help us to come up with a better design for this feature.