Configuring financial configuration settings for payment plans

Owned by Former user (Deleted)
Last updated: Oct 05, 2021 by Richard Kennedy (Unlicensed)
1 min read

To configure financial configuration maintenance settings for payment plans:

  1. Select Modules > System > Finance Configuration Maintenance.
    The General tab of Finance Configuration Maintenance is displayed.
  2. Click the Debtors tab. See Synergetic Financial Configuration - Debtors tab in the Finance manual.
    The Debtors tab of Finance Configuration Maintenance is displayed.
  3. Populate the following Debtor Details - Page 1 fields:

    • Default No of Debtor Instalments
    • Default Instalment Day of Month
    • Instalment Frequency
    • Print Unearned Instalments on Original Statement Only
    • Auto Create First Transaction for New Instalments.

    Note: Select this field to activate the default payment plan defined by the Debtor Details - Page 1 instalment settings and automatically charge the first instalment when Automatic Tuition is processed.

    Tip:     Community Portal users cannot make changes to activated payment plans. Use this field to ensure all the debtors for a particular fee code are assigned the same payment plan.

  4. Click .