Installment Plans

Modified on Sun, 2 Feb at 10:22 AM

Our Installment Plan feature allows you to split an invoice into multiple payments scheduled payments. Benji Pays will automatically process the installment payments for you on the selected dates. When you add an installment plan against an invoice Benji Pays will ignore the due date and the amount due and will follow your installment plan until the invoice is paid in full.

IMPORTANT

Auto Processing must be enabled in your Company Settings in order for merchant initiated Installment plans to be processed.

Customer initiated scheduled payments setup in the customer portal will process even when Auto Processing is disabled.

Here's how to create an installment plan following the two options below:

Option 1 - Create an Installment Plan:

Step 1: Log into Benji Pays.

Step 2: Click on "Installment Plans" in the blue menu to the left of the screen.

Step 3: Click "Create Plans".

Step 4: Select a customer and choose an invoice to create an installment plan.

Step 5: Click "New Installment Plan".

Step 6: Fill in installment dates and amounts ensuring the payments add up to the total invoice amount due.

Step 7: Click "Save Installment Plan".

Step 8: Click "Edit Installment Plan" or "Delete Installment Plan" if you need to edit or delete the installment plan.

Option 2 - Create an Installment Plan:

Step 1: Log into Benji Pays.

Step 2: In the blue menu to the left of the screen click on "Invoices".

Step 3: Click on the white box icon next to the envelope icon.

Step 4: Select a customer and choose an invoice to create an installment plan. Next click on the "New Installment Plan" button.

Step 5: Fill in the installment dates and amounts making sure the amounts add up to the total amount of the invoice. Delete any rows you are not using by clicking on the red "X" in the box. Click "Add new Row" to add a new row if needed.

Specify which payment profile to use for the installment plan and then click "Save Installment Plan". If you do not specify a payment profile then any payment profile will be used for that customer.

Step 6: Click "Edit Installment Plan" or "Delete Installment Plan" if you need to edit or delete the installment plan.

*Note- If you manually pay the invoice that is set up for an installment plan before the installment plan is paid off, you will see a status of "Complete" in green on the installment plan and the installment payments will stop.*