Build the payment schedule

Purpose

The payment schedule divides the reservation price into instalments that follow the construction stages of the development, after deducting the deposit. It indicates the share, amount, due date, communication, and status for each instalment.

Calling an instalment generates a PDF and sends it to the purchaser, in order to invoice each stage upon its completion and track collections in the development table.

Where to find it

1. Development
2. Reservations

Reservation page, “Payment schedule” card.

Steps

1. Verify that the development stages are defined and that their total reaches 100 percent.
2. Open the reservation and click on “Build the schedule”, or on “Recalculate” after modifying the stages or the price.
3. Click on “Call” on an instalment in order to send the fund call and its PDF to the purchaser.
4. Click on “PDF” to download the call for an instalment.
5. Click on “Mark paid” when the payment for the instalment is received.

Good to know

• Instalments can also be called all together from the “Construction and schedule” section of the development, using “Complete and call funds”.
• The due date of a called instalment takes into account the “Payment term, days” defined on the development.

Related guides

• DevelopmentManaging reservationsCreate the reservation of a unit, send the contract for signature, confirm it, and then record the deed or the cancellation.
• DevelopmentMonitoring construction and calling fundsDefine construction stages and their share of the price, monitor progress, and send fund calls upon the completion of each stage.
• DevelopmentProposing the finish cataloguePublish finish upgrades, collect choices from purchasers, generate quotes, and add them to the payment schedule.
• DevelopmentInforming buyersPublish site news and project documents, and provide each buyer with a link to their personal page.