If you make an agreement with a debtor about a payment, this can be recorded in Payt with a payment plan. A payment plan can be created for one invoice, debtor or credit case, or on multiple invoices and / or credit cases. The underlying invoices and cases will be paused for as long as the payment plan is active. No regular reminders or notices will be sent.

You can create a payment plan by clicking the Schedule button on the page of the invoice, debtor or case.

Next, you will see the screen below where you can choose which invoices and items you want to include in the payment plan. Under Type you can choose from a number of payment plans. After you have selected the type of payment plan, In the next step, you can still edit the terms so you can choose any number of possible arrangements.

As soon as the payment plan is ready, your debtor will receive an email from Payt containing the agreed payment terms from Payt. Shortly before an agreed payment term expires your debtor will also receive an e-mail reminding them of the term that is due.

Invoices, debtors and cases with an expired payment arrangement can be found on the dashboard of your administration, or via the list of invoices or cases under the filter Attention - payment arrangement. You have the option to be notified when a payment term is expired. This setting can be found via your administration settings in the tab Details.

Note: if an invoice, debtor, case or an entire administration is paused, the payment plans will still be sent.

When a payment plan is created, the invoice, debtor and / or case will be paused.

If your debtor does not meet the payment terms, you can deactivate the payment plan. The regular reminder or reminder process for the invoice, debtor and / or case will then be resumed. The deactivated payment arrangements remain visible with the invoice.

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