How to Create a New Fee that Requires a Deposit

Step 1: Click Fees and select Define New Fees in the drop-down options.

Step 2: At the top of this section, click Enable Deposits Options.

Step 3: Complete all the relevant fields as shown in the previous article http://support.easypaymentsplus.com/fees-section/how-to-create-a-new-fee-that-requires-full-payment/

Step 4: Fill in the relevant details of the deposit option in the section below. 

Deposit Amount- A portion of the full fee cost paid by the client to secure their purchase of a fee item.
Frequency of Balance Payment- How often the client will pay the remaining balance of the fee item.
Fixed Start Date- The specific date you would like the client to start paying the remaining balance.
Variable Start Date- Switch this to Yes if you would like the client to begin their instalment payments based on the day they pay their deposit. e.g. if the frequency is monthly then the 1st instalment will be issued 1 month after the deposit is paid.
No. of Instalments for Balance- This defines how many more payments the client needs to make to pay the remaining balance.

 

Example

In the example above, the total cost of the trip is €100. This trip, however, requires a deposit amount of €25. Parents can pay the remaining balance of €75 in monthly instalments starting on the 8.Mar.2019. Their balance of €75 will be paid equally in 3 monthly instalments of €25. 
















The client must sign up or pay the deposit (if applicable) the day before the Fixed Start Date at the latest. We recommend you communicate this important point in the Description Section of the fee item.