Keep track of every agreed payment.
When a debtor agrees to installments, keep the terms and incoming payments with the invoice. See what has arrived, what remains, and what needs follow-up.
Invoice INV-2048
- Debtor
- Northstar Office Supply
- Creditor
- Mosaic IT Services
- Invoice amount
- $4,800.00
The agreement is recorded.
As of July 16, 2026Northstar agrees to three payments of $1,600, 30 days apart, within Mosaic’s authorized terms. The first payment is due July 20.
- Received against invoice
- $0.00
- Remaining invoice balance
- $4,800.00
| Due date | Amount | Payment evidence |
|---|---|---|
| July 20, 2026 | $1,600.00 | Not yet due |
| August 19, 2026 | $1,600.00 | Not yet due |
| September 18, 2026 | $1,600.00 | Not yet due |
These snapshots illustrate follow-up; no plan is accepted or payment taken here.
Agree the terms. Keep the record.
Modern Collections discusses payment within the creditor’s authorized amount and term limits. An agreed commitment records the amount, dates, and conversation that produced it.
Explore the payment portalA missed date needs a closer look.
Check the agreement against received payments and any transfer still processing. An unpaid installment needs follow-up; any further contact remains subject to the account’s current holds and contact checks.
See how an invoice question is handledFrom a promise to money received.
Does an agreed plan count as recovered cash?
The agreement records a promise. Only received payments reduce the invoice balance. A transfer still processing remains separate from cash received, and creditor remittance has its own status.
How does the debtor make a payment?
The debtor uses the payment portal for the amount due and available payment methods. The plan is agreed through the collection conversation; the schedule here illustrates an existing agreement.
Keep the agreement connected to the money.
See payment progress as part of the collection file.