Payment schedule

A payment schedule breaks the payment of a piece into several dated instalments. By the end of this page, you will know how to create a schedule, record the payment of each instalment and track delays.

What a schedule is for

It is the tool for staged payments: deposit then balance, monthly instalments, a supplier settled over time. SynkriaOps tracks each instalment and alerts you to delays:

• Plan — spread an amount due over several dates.
• Track — always know which instalments are paid, upcoming or overdue.
• Anticipate — feed the cash flow forecast with reliable dated flows.

Create a schedule

1. Open the piece

   From an invoice (customer or supplier), open the Schedule section.

2. Add the instalments

   Create the instalments automatically (number of monthly payments, frequency) or manually (one line per date and amount). The instalment total must cover the amount due.

3. Save

   The schedule is active: each instalment appears in the tracker, with its date and status.

Record the payment of an instalment

1. Open the piece’s schedule.

2. On the settled instalment, click Record payment.

3. The instalment moves to the paid status; the piece’s remaining due is recomputed.

Overdue instalments

SynkriaOps lists overdue instalments (past date, unpaid) and shows their statistics. It is the ideal starting point for your payment reminders.

The link with matching

Settling an instalment contributes to the piece’s settlement: as soon as the total of paid instalments covers the amount, the piece is settled and matching updates. The schedule organises the calendar; matching records the payment.

Posting is not paying

Creating a schedule plans future payments — it settles nothing on its own. Only the actual recording of an instalment (or the matching of a collection) advances the payment status.

See also

• Cash flow forecast — instalments feed the forecast
• Matching counterparty accounts — record the payment
• Automatic payment reminders — chase overdue instalments