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Configuring Fixed Installments

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← Enabling Installments

Fixed payment plans use the same configuration for all produced invoices – perfect for standard offerings like "4 monthly payments" or "quarterly billing".

When to use fixed installments

Typical use cases for fixed installments include, for example

  • Identical payment plans applied to all customers
  • Equal payment amounts distributed over time
  • Regular payment intervals (monthly, quarterly, etc.)
  • Fixed percentage rates for different payment stages

As an example, assume that you want to create a "Four Monthly" installment plan that splits any invoice into 4 equal monthly payments. Setting this up usually involves two steps:

Creating Fixed Installment Custom Setting

  1. Click to enter Setup, then open Custom Settings.

    In Salesforce Lightning, navigate to Custom Code > Custom Settings.

    In Salesforce Classic, navigate to Develop > Custom Settings.

  2. Click Manage in the row of Installment.

  3. Click New.

  4. Specify the details as necessary.

    Field Value Description
    Name Four Monthly Name that appears in picklists
    Period 1m(4) 4 payments, 1 month apart
    Title Payment [PosNo] Title for each payment
    Rate (leave blank) Equal distribution
    Amount (leave blank) Equal distribution

    Common Period Patterns

    • 1m(4) = 4 monthly payments
    • 3m(4) = 4 quarterly payments
    • 30d(6) = 6 payments every 30 days
    • 2m(3) = 3 payments every 2 months

  5. Click Save.

    This creates the new payment plan model.

Adding Fixed Installment to Subscriptions or Invoices

To make the installment type available for subscriptions and invoices, you must add it to the value picklist for the Installment Type field of the Subscription or Invoice object.

  1. Navigate to the Installment Type field of the Subscription or Invoice object..
  2. In the Values section, click New.

  3. Type the name of the defined installment type setting into the text area.

    Following the example, enter Four Monthly.

    The value must match one of the installment setting names for fixed installments.

  4. Click Save.

    This makes the installment setting available for use with subscriptions or invoices. Repeat this step for every (previously defined) installment type that you want to make available.

Adding Fixed Installment to Accounts or Arbitrary Objects

Depending on your business requirements, you can also make the installment settings available for use with accounts or objects based on which you create invoices using the generic invoice run. When defining an installment on the account or the accordingly configured source object, JustOn Billing & Invoice Management copies it to the invoice when creating an invoice for this account or from this object.

To make installment settings available for use with accounts or invoice source objects:

  1. Navigate to the fields list of the relevant object.

  2. Create the following new field.

    Label API Name Data Type Description
    Installment Type ON_InstallmentType Picklist Specifies the installment type, is copied to the invoice during the invoice run.

  3. Click Save.

    This creates the custom field.

  4. In the Values section of the ON_InstallmentType field, click New.

  5. Type the names of the defined installment type settings into the text area, each on a new line.

    The values must match the installment setting names for fixed installments.

  6. Click Save.

    This makes the installment setting available for use with accounts or objects based on which you create invoices.