Creating a fixed period arrangement template

  1. Select Billing > Setup > Delinquency > Payment Arrangement Template.
  2. Click Add above the Arrangement Setup grid.
  3. Specify this information:
    Template Name
    Specify a name for the template.
    Default Template
    Select this check box to set this template as the default.
    Type
    Select Fixed Period.
    # Payments
    If the arrangement calls for the customer to make a set number of payments, select this option and specify the number of payments.
    Payment Amount
    If the arrangement calls for the customer to make payments of a set amount, select this option and specify the amount of the payments.
    Frequency
    Select the frequency of payments under this arrangement, such as Monthly or Biweekly.

    If you selected # Payments, Infor Public Sector will divide the total arranged amount by the number of payments to calculate the amount of each payment. If you selected Payment Amount, Infor Public Sector will divide the total arranged amount by the payment amount to calculate the number of payments.

    Full Amount Due By
    If the arrangement calls for the customer to pay the amount due by a set date, select this option.

    Do not enter any payment information when you select this option. You will specify the date the full amount is due when you set up an arrangement with a customer.

    Down Payment
    If the arrangement calls for a down payment, specify the amount and the number of days before the down payment is due.
    Pay Oldest First
    Select this check box to apply payments made under the arrangement to the oldest balances first.
    Include Current
    Select this check box to include the current balances of the selected bill types in the arranged amount.
    Include Deposits
    Select this check box to allow deposits to be included in payment arrangements.
  4. Click Save.