This guide advises how to add a payment plan to a sales invoice, how to manage invoices with a payment plan, and monitor any potential payment delays.
If a desired payment plan has been agreed upon with the customer for a sales invoice, it is possible to add this to the sales invoice. This can be done by opening the desired invoice and selecting "Payment Plan: Set" from the top of the invoice. The payment plan can also be set for an invoice in a locked period. The payment plan must cover the entire invoice amount.
In the view that opens, you can define the open amount of the invoice for the desired due dates.
Once this is saved, it will appear on the invoice in the payment plan section, from where it can be opened or removed.
Invoices with a payment plan can be displayed in open sales invoices by making the payment plan field visible and pressing the update view button.
These can also be searched through the advanced search.
If the customer has not paid the installment in the payment plan on time, this can be seen in the Sales > Interest and Collection > Customer-specific Collection view.
The view shows information by customer. Below is an example, the customer has a total of 11,904 euros in the payment plan, and of these, 10,000 are overdue, meaning the payment plan's due date is in the past. The view can consider how many days the payment plan can be overdue.
If the first installment is overdue, it will appear in the Open Sales Invoices view as already overdue, even if the actual due date of the invoice is still in the future.
Cash flow forecast takes the payment plan into account and shows the invoice amounts according to the payment plan based on their due dates.
Keywords: Payment plan, sales invoice, due date, cash flow forecast, customer-specific collection.
This article has been translated using an AI-based translation tool.
Did you find it helpful? Yes No
Send feedback