Automate deposits, installments, and reminders in a way that fits right into the way you do business! Deposits and payments can be specified based on either a percentage basis, or based on a fixed amount. Want to take 50% up front, followed by 5 monthly payments of 10%? Or maybe you want to spread your $1,000 Invoice into a $300 deposit followed by a $200 payment and then five monthly $100 payments? All this is possible!

When you are creating an Invoice, you can define specific dates for your installments, or you can set the due dates to be relative to the creation date of the Invoice. And COMING SOON, you will even be able to pre-configure Installment Payment terms for your On-Demand, Recurring and Accumulating Generators – this means that the Installments will already be defined so that when an Invoice is created by a Generator, the Installments will configure themselves automatically based on your preferences.

Installment Payments are great, but what if.. for each individual Installment Payment, you could configure Automations to be triggered using our No-Code Automations widget? Well, get your happy dance on, because you can do EXACTLY that 🙂 For each individual Installment, you can configure Automations to be triggered when that individual Installment Payment is made! And you can create separate Automations for each individual Installment Payment.

AND, let’s put another cherry on top of the icing-covered cherry! For each individual Installment Payment, you can configure a unique set of Reminders based on your specific preferences. You can set “before” due date reminders and “after” due date reminders – all according to your specific preferences.

Works great for deposits! And if you don’t want to define all the payment after the deposit, then the platform will automatically create an Installment Payment by calculating the remaining amount due whenever the configured Installments don’t add up to the Invoice total.

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