When you are ready to start a service contract and provide services to the customer, you will also need to generate the payment schedule for the contract.

D-Tools Cloud automates most of the tasks related to the payment schedule.

To generate the payment schedule, go to the “Payments” tab in the contract. Click “Generate payment schedule” in the “Next Payment” tile.

This will open a modal with the payments, dates, and the amount payable for every milestone.

The number of rows you see here will depend on the plan length and billing frequency of the plan.

For example, for a 24-month contract with monthly billing, you will see 24 rows. If it is billed annually, you will see two rows.

By default, the billing date and due date are 10 days apart. To modify this, select a new term in the "Terms" dropdown. This will change the due dates for all of the payments.

If you want to create new terms, go to "Settings > Payment > Payment Terms" and create new them.

Click “Generate” to create the schedule. You will see the due date for the first milestone in the “Next Payment” tile.

In this example, we generated the payment schedule for a 12-month contract with monthly billing. We changed the due date to 15 days from the billing date.

You have the option to change the milestone names and customize the dates as needed when you generate the schedule.

If you want to edit the payment schedule at a later time, click the “Manage payment schedule” link located above the Payment History table. This will open the same modal, and you can make the necessary adjustments.