For organizations that use Online registration only.
Installments is an optional feature that gives families a choice to pay the registration in multiple installments.
From the Catalog / Installments menu, you will find a list installments created for that season.
From the search box, you can enter partial or full to filter the display on screen.
You can click on the directional arrows to sort by that column.
The list of Potential Ineligible members that are on file will be displayed.
Title - the title of the installment
Initial payment - the amount of the initial payment
Installments - the details of the installments and dates
Status - the status of the installment
To add a Installment:
Click on Installments from the list of options under the Catalog / Finances section
Click Add
Complete the requested information:
Fields marked with an * are required
Title *: Add a name to your installment.
Initial payment (%) *: Enter the amount of the initial payment. This is the amount that will be charged at the time of online registration.
Installments: Determine the number of installments you want. The number of installments does not include the initial payment, so this is the number of installments desired after the registration payment.
Value (%): Based on the number of installments selected, the system will calculate the percentage for each installment. However, you have the option of changing the percentage entered.
Date: Enter the date you would like to receive each installment.
Click on Save.
Enter the % for the initial payment and decide on the number of payment, . You can define the percentage (%) and dates for each installment that follows.
Example: Your registration is $500. At the time of registration, you want to collect 50% of the registration, and you allow the rest to be divided into 2 equal payments.
Initial Payment - 50% = $250
Outstanding balance - 50% = $250
Installment #1 - 50% of the outstanding balance= $125
Installment #2 - 50% of the outstanding balance = $125