Payment Arrangements Wizard

Use the Payment Arrangements Wizard to set up payment arrangements for promises, checks by phone, and credit cards. For check by phone and credit card arrangements, your agency must have enabled the Payment Vendor Gateway. For more information, see Payment Processing Permissions and Policies.

The payment options available to you are permissions-based, and use defaults set for the company, client, or both. For more information, see Arrangements Permissions and Policies in Permissions and Policies.

The wizard allows you to:

• Spread payments by total amount paid evenly across a number of payments.

• Accrue interest and spread into payments, creating a projected (on track) balance. 

• Set a balloon payment to cover the remaining balance at the end of a payment arrangement.

• Spread payments across linked accounts and set preferences for how to apply payments based on the proportion of total debt, customer priority, or projected fee.

• Establish single payment promises, post-dated checks (PDCs), or credit card payments; or define a sequence of promises, PDCs, or credit card payments and add them to an account.

Wizard layout

1. Tasks: Displays an ordered list of tasks to do when creating a payment arrangement. If a task has incomplete or unacceptable information, a warning icon appears next to the task. More tasks display for linked accounts.

2. Page: Displays a task or information, depending on where you are within the wizard or which task or information item you selected.

3. Information: Displays links to information and a calculator to assist you when creating a payment arrangement.