Choose how many instalments you’d like and Adfin will take care of the rest, from sending reminders and details of the instalment plan to reconciling each payment automatically 💷
Instalment plans work with On Demand payments or Auto Collect, and you can create them for new invoices in Adfin or for invoices you’ve already sent ✨
👉 Where to find instalment plans
👉 Where to find instalment plans
Look under the Quick create menu and click Invoice. You can then select the Instalment plan option.
⚙️ Build your instalment plan
⚙️ Build your instalment plan
Complete the Invoice configuration and Invoice items sections as you would for a one-off invoice.
In the Instalment Plan section, you can configure the following options:
Number of instalments
Frequency: Monthly, Weekly, Yearly, or Custom
First instalment date
By default, the total payment amount will be evenly split across the number of instalments you select.
💡 Need more flexibility?
You can adjust the amount of any instalment manually. Simply toggle on ‘Change the amount of any instalment payment’, and you’ll be able to edit the amount for specific instalments within the plan. For example, you may want to take a higher up front deposit 💰.
📩 Create instalment plans for invoices you’ve already sent
📩 Create instalment plans for invoices you’ve already sent
To convert an existing invoice into an instalment plan:
Go to the ‘Accept payments’ view.
Select the invoice in question.
In the side drawer, click ‘More Actions’ → ‘Convert to Instalment’.
You can then configure the invoice instalments according to the steps outlined in the ‘Build Your Instalment Plan’ section above.
You may only convert an invoice to an instalment plan if there's no payments made on the invoice.