Creating a Three Tier Payment Schedule

Article contents

• Create a three tier payment schedule

NOTE:

• The Payment Schedule function has the option to create schedules with one, two, or three payments. Most standard booking policies use one or two payments.
• Three payments can be used as a policy for specific properties, or as one-off payment terms for a specific reservation.

Create a three tier payment schedule

Step 1: Navigate to Setup > Booking & Payments > Payment Schedules

Step 2: Click New Payment Schedule

Step 3: Select Number of Payments from dropdown menu

Step 4: Fill out payment, type, amount and timing for each of the three payments

Step 5: Click Create Schedule

Step 6: Add new payment schedule to:

• new or existing booking policy for future bookings
• new quote payment schedule for an existing reservation

Additional Resources:

Building a quote

Creating and Managing Payment Schedules

Creating and Managing Booking Policies