Boost Sales and Cash Flow with Flexible Payment Options for Customers

Hello, small business owners! We’re excited to share a fantastic new feature that can help you manage your estimates and payments with ease. Whether you’re in the service industry or selling products, offering your customers flexible payment options can make a big difference in your cash flow and customer satisfaction. Let’s dive in!

📌 Why This Matters

In today’s market, flexibility is key. Providing installment payment plans allows your customers to manage their budgets more effectively. This not only helps you secure more sales but also improves your cash flow by automating payments, allowing you to focus on what you do best—running your business!

✨ What’s New

• Create Flexible Installment Plans: Split the total amount into multiple payments, making it easier for your customers to commit.
• Choose Payment Schedules: Opt for either a percentage-based or fixed-amount payment schedule based on what works best for your customers.
• Configure Payment Timing: Decide when the first payment is due, allowing for immediate collection upon acceptance or on a date of your choice.
• Set Custom Intervals for Subsequent Payments: Choose regular intervals or tailor specific dates for the following payments.
• Preview Installment Details: Clearly see how each payment will appear in the Estimate PDF before sending it out.
• Automatic Invoice Creation: Automatically send an invoice after the estimate is accepted, with direct payment options enabled.

🛠️ How to Use It

1. Open or Create an Estimate: Start by creating or editing your existing estimate as you normally would.



2. Add a Payment Schedule: Under Amount Due, click on Add Payment Schedule.
3. Select Your Schedule Type:
   • a.) Percentage: For example, offer three installments of 33% each.
   • b.) Fixed Amount: For example, set up four installments of ₹500 each.



4. Set the First Payment:
   • a.) Upon Estimate Acceptance: Payment is collected when the estimate is accepted.
   • b.) Custom Date: Choose a specific date for the first payment.
5. Configure Subsequent Payments:
   • a.) Regular Intervals: Choose a frequency, like monthly payments.
   • b.) Specific Dates: Set specific dates for future payments.



6. Add Your Schedule: Click on Add Schedule to attach this payment plan to your estimate.



7. Set Additional Options: Ensure ‘Send Invoice’ is checked and toggle ‘Enable Direct Payments’ to auto-generate the invoice after acceptance.



8. Save and Send Your Estimate: Your customer will see a clear breakdown of each installment and can easily accept and pay online.

💡 Pro Tip

Always communicate the benefits of payment flexibility to your customers—it’s a win-win for both your business and theirs!