Dynamics 365
Power Platform
Dynamics
Cloud & Productivity
Payment Plans
Split invoices into flexible payment schedules directly in Business Central
Payment Plans for Microsoft Dynamics 365 Business Central helps organizations manage installment-based customer and vendor payments without manual workarounds, disconnected spreadsheets, or duplicate invoice creation. The app allows finance teams to split a single invoice into multiple scheduled payments, each with its own amount, due date, and payment status. Payment plans can be created for both accounts receivable and accounts payable, giving teams more flexibility when managing customer financing requests, negotiated vendor terms, or staggered billing arrangements.
Built directly within Business Central, Payment Plans supports standard AR and AP workflows while improving cash flow visibility, financial accuracy, and payment tracking. Organizations can offer more flexible payment options without compromising ledger integrity, tax accuracy, or operational control.
Free 30 day trial
$75
per month/per tenant
Supported Editions
Dynamics 365 Business Central
Essentials & Premium
Supported Countries
USA & Canada
Complimentary sandbox
Onboarding assistance
Complimentary upgrades
Online training & support
About
Are customer payment requests forcing your team into manual workarounds?
Payment Plans allows finance teams to split a single customer invoice into multiple scheduled installments directly inside Business Central. This helps your organization offer flexible payment terms while keeping ledger entries, statements, and payment applications accurate.
Are vendor installment terms difficult to track in accounts payable?
The app supports payment plans for vendor invoices, making it easier to manage staggered billing arrangements without spreadsheets or duplicate invoices. Each installment is tracked as its own open item, giving AP teams better visibility into upcoming obligations.
Do you lack visibility into future cash inflows and payment obligations?
Payment Plans creates structured due dates and installment-level statuses inside Business Central. Finance teams can better monitor what is due, what is overdue, and what has been paid, improving cash flow planning and follow-up.
Features
Features
Payment Plans gives finance teams the tools to manage installment-based AR and AP payments with greater accuracy, visibility, and control.
- Configurable payment schedules: Create custom installment plans with any number of scheduled payments. Installments can be based on percentages, fixed amounts, weekly intervals, monthly intervals, quarterly intervals, or custom date formulas, giving teams flexibility to match real-world payment agreements.
- Reusable payment plan templates: Build templates for common payment arrangements to speed up plan creation and improve consistency. Finance teams can apply predefined schedules to transactions instead of recreating installment structures manually each time.
- Seamless ledger integration: When an invoice with a payment plan is posted, the app automatically creates separate customer or vendor ledger entries for each installment. Each installment can be tracked, paid, applied, and reported as its own open item while maintaining accurate general ledger postings and tax calculations.
- Real-time installment tracking: Monitor the status of every installment as open, partially paid, paid, or overdue. This gives finance teams a clearer view of payment progress and makes it easier to follow up on late payments or outstanding balances.
- Overdue handling and finance charge support: Overdue installments can be flagged for follow-up and used with standard Business Central reminder and finance charge processes. Teams can apply fees or interest based on configured settings to support consistent collections and payment management.
- Pre-post and post-post flexibility: Create payment plans before an invoice is posted or apply a plan to an already-posted invoice when terms change after the fact. Plans can also be cancelled when needed, helping finance teams adapt to changing customer or vendor requirements.
Supported Languages
Supported Languages
- English (United States)
Finance teams need better payment control
%
of finance leaders say automation has reduced payment delays
%
of finance functions expected to deploy AI-enabled technology by 2026
%
of AP teams still manually enter invoice data into their ERP
Why purchase an app from Rand Group?
Built by Business Central specialists
Rand Group apps are developed by teams with deep Microsoft Dynamics 365 Business Central experience and practical knowledge of mid-market business processes.
Designed around operational realities
Each app is built to solve real workflow challenges that organizations encounter in finance, operations, supply chain, and reporting.
Easier adoption with expert support
Guided onboarding, online training, and responsive support, plus complimentary upgrades so you’re always current with minimal lift.
Connected across the Microsoft platform
Rand Group apps are designed with the Microsoft ecosystem in mind, helping organizations extend Business Central while staying aligned with Microsoft technology.