
General
- Begin Date - The date the installment begins.
- Charge Date - The date the customer's credit card is actually being charged.
- End Date - The date the installment ends.
Products Sub-Grid - Displays products if specific products are associated with the scheduled payments otherwise the sub-grid will be empty.
Products
Products within a specific Payment schedule do not dictate where funds are routed to. The only things products do in the Payment Schedule is decide how much money will be charged during that schedule.
Two things dictate where funds are routed to.
- Split Option: If the Split option is set to 'Split' then it will split every payment schedule amount evenly to all products on the Dues Option. If this is set to 'First' or 'Last' then it is up to the Remittance Application Order.
2. Remittance Application Order: This number decides in which order products are going to be paid. The lower the number the higher the priority.
Example of a Dues Option sorted by the Remittance Application Order: