Account New Payment Arrangement

<< Previous | Next >> | Accounts, Payments, Payment Arrangements

From time to time, you might need to change the repayment frequency, change or cancel some or all of the regular repayments, add some extra payments, or add some Promised Payments that need to be recorded, but will not affect the Overdue Balance of the Account.

The Payment Arrangement wizard allows you to do all these things.

The Account's Balance, Overdue and Contractual Overdue Balance as at the date of a Payment Arrangement is stored with the Payment Arrangement record.

This can then be used in scripts to determine if the promise has been broken.

Making a Payment Arrangement

There are two methods of opening the Account Payment Arrangement wizard:

Click Payment Arrangement in the Action List to the left of the Accounts form to make a Payment Arrangement for the Account currently displayed.
From either tab of the Payments page, select .

The Payment Arrangment wizard supports Wizard Validator Scripts. Wizard Validator Scripts can update fees or fail wizards if specific criteria is not met.