Partial Payments On Invoices
A small business owner can offer partial payments on invoices to make it easier for their customers to pay for services in installments, improving customer satisfaction and cash flow.
Partial Payments On Invoices: This feature allows businesses to set a minimum percentage of the total invoice amount that can be collected from end customers, providing flexibility and convenience for customers to pay in installments.
⭐️ Why Does It Matter To Your Business?
Flexibility: Businesses can set a minimum percentage of the total invoice amount for partial payments, enabling customers to pay in installments.
Customization: This feature is available for both one-time and recurring invoices, allowing for a wide range of customization options.
Convenience: Customers can pay any amount equal to or greater than the set percentage, giving them more control over their payments.
⭐️ How To Use Partial Payments On Invoices:
Access the Payment tab from the left navigation menu, then click on invoices from the upper navigation menu, and then click on the Settings icon.
Click on Payment Settings, turn on the toggle “Allow Partial Payments," set the percentage amount, and click on the Save button.
When you send the invoice, the customer can pay any amount that is equal to or greater than the percentage amount specified in the Invoicing Dashboard of the account.
Here you can see the amount details.
In invoices, you can see the status of the amount that has been partially paid.
The Partial Payments feature enhances the CRM's invoicing capabilities, offering more flexibility and convenience for both businesses and their customers.
