What’s new?

• Users can now add payment schedules to their product lists within Documents and Contracts.
• This schedule can be added dynamically based on the document’s signing date or a fixed date if you are sure when the contract will be signed.
• They can also enable auto payment for any subsequent payments with a toggle.
• The signers will be able to view the payment plan details in the product list as well.
• If you use this coupled with direct payments ->, the user will automatically be redirected to the invoice after signing the document.

How to use it?

• Go to Documents and Contracts -> Add a product list
• Select Add Payment Schedule from the left drawer (which auto opens) or click on Add Payment Schedule in the product list

• The modal opens up:

1. Select the first payment due – Either on the signing date of the primary user or a custom date if you want
2. Configure subsequent payments – Either upon fixed time intervals after the signing date or on custom dates. The invoice due date will be when the last payment is scheduled.
3. Set percentage or fixed amounts
4. View the remaining percentage or amount under the total amount.

Note on Mapping payment configuration: If subsequent payments have fixed dates, payments shift Depending on the first user signing date. If missed, subsequent dates will be adjusted to the primary user’s signing date.

• Once you save, the user can view the schedule information on the last product list on the document

• Enable auto payments to start deducting money automatically for subsequent payments.

Why we built it?

• This opens the way for taking deposits at the time of the document’s signature by the primary user.