Comment:
Published by Scroll Versions from this space and version 18.1
Complete this task to create a payment plan on a guarantor account. The account must have an outstanding balance of service fee line items in guarantor responsibility.
Note
When a payment plan is already active on the account, any new service fee line balances in guarantor responsibility are automatically added to the payment plan. You do not need to create a new one.
Step-By-Step Guide
Step
Instructions
1
From the Act: [ID] > Active AR tab of the guarantor account, click Payment Plan. The Payment Plan window opens.
2
Enter the amount of the payment for the payment plan in the Payment Amount field.
3
In the Payment Interval section, select the frequency in which the payment is due: Monthly or Specified number of days.
4
Enter or select the date of the first payment in the First Payment Date field.
5
Enter any additional information about the payment plan in the Add Additional Note field.
6
Click Save. The account is flagged with the following text: A Payment Plan is active for this account.