Accepting Deferred Payments

After you have scheduled a customer's deferred down payments, you can then begin to accept and track when a customer makes the payments. To accept and track a deferred payment for a customer, you must first load the customer's deal into the deal screens. The deal screen with show a Deferred Payments section at the bottom-right corner of the screen. This section quickly tells you the total deferred amount, how much was already entered as being received by you, the remaining balance, and the date the next scheduled payment is due.

To accept or edit a deferred down payment from a customer, click the Receive Payment button. The software will display the Deferred Payments screen where you can then enter the payments given to you by the customer or change and existing payment. From this screen, you can accept and edit payments, re-print receipts for payments taken, and print a report of all deferred down payments taken.

Accepting A Payment

To accept a deferred down payment, click the Make Pmt button. A new payment line will be added to the listing. Click in and fill out each section of the new line with the appropriate information.

You may enter more payments for this customer by again clicking the Make Pmt button.

When you are finished entering this customer's payments, click the Close button.

Editing A Payment

To edit an existing payment, simply click on the information you wish to edit and make your changes. When you are finished editing the information, click the Close button to save your changes.

Deleting a Payment

To remove an existing payment, click on the line representing the payment you wish to delete. Then simply click the Delete Pmt button. The payment will be removed from the listing. Click the Close button to save your changes.

Printing Payment Receipts

To print a receipt for any of the payments in the listing, click on the line representing the payment for which you wish to print the receipt. Then simply click the Print Receipt button. The software will display a payment receipt on the screen which you can then send to the printer.

Printing Payment Report

The software allows you to generate a report of the deferred down payments you have taken in so far for all deals. To generate the report, click the Receipt Report button. The software will ask you for a date range of payments you wish to see on your report.

Enter the dates to cover the range of payments you wish to see on your report. Then click the OK button to generate and view the report.