Same issue here. We sell services for varying duration and different payment plans which can vary their amount due. In addittion, different payments need to be different invoices and need to be tracked.
We know when we make the sale the due dates and specific amounts. We would like to at that point configure the client payment plan so they can receive automatically invoices when are due, we can track the invoices generated with a chronological number sequence and we can have some metrics from cashflows, forecasts and invoice that are not paid.
Case:
We sell a product for 1300$, which is paid in 5 instalments every 2 months:
Instalment 1#, Month 1: 300$
Instalment 2#, Month 3: 250$
Instalment 3#, Month 5: 250$
Instalment 4#, Month 7: 250$
Instalment 5#, Month 9: 250$
Then we sell another product to a different client for 250$ in 3 monthly instalments:
Instalment 1#, Month 1: 100$
Instalment 2#, Month 2: 100$
Instalment 3#, Month 3: 50$
JSang
Similar need here, situation and question below:
Same issue here. We sell services for varying duration and different payment plans which can vary their amount due. In addittion, different payments need to be different invoices and need to be tracked.
We know when we make the sale the due dates and specific amounts. We would like to at that point configure the client payment plan so they can receive automatically invoices when are due, we can track the invoices generated with a chronological number sequence and we can have some metrics from cashflows, forecasts and invoice that are not paid.
Case:
We sell a product for 1300$, which is paid in 5 instalments every 2 months:
Instalment 1#, Month 1: 300$
Instalment 2#, Month 3: 250$
Instalment 3#, Month 5: 250$
Instalment 4#, Month 7: 250$
Instalment 5#, Month 9: 250$
Then we sell another product to a different client for 250$ in 3 monthly instalments:
Instalment 1#, Month 1: 100$
Instalment 2#, Month 2: 100$
Instalment 3#, Month 3: 50$
How can we workaround this?