ReceivablesPro supports two kinds of recurring payment schedules:
Recurring Billing Schedules-- Schedules for a specific payment amount on a specific schedule. Recurring Billing schedules can be configured to end on a set date, or to run indefinitely.
Payment Plan Schedules-- Schedules for a specific number of payments executed on a specific schedule to pay a single debt. The schedule terminates once the debt is paid.
|
It
is critically important that you obtain proper authorization from
your customers for all recurring payment schedules entered in
ReceivablesPro.
You must also make it easy for your customer to find, and understand,
any steps they need to take in order to change, end, or suspend
any recurring payment schedules. |
The basic steps for entering a recurring payment schedule are simple:
Load an existing customer (or enter a new one).
Select the schedule type in the Payment type field and enter schedule details.
Select the account to debit (or enter a new one).
Enter receipt and notification options.
Click the “collect payment” button to activate the schedule.
Click the play button in the video below to see how it’s done.
The following sections provide detailed instructions for each type of schedule. You can click on the Next links, located at the bottom of each screen, to read through the entire section. Or click one of the links below to jump to a particular area of interest.
Next Sections
