In order to create a payment plan the dentist will need to first chart out the entire COT that they will be doing on the patient to give the total price of treatment. Once the estimate is created

1. Click on the payment plans tab

2. Click on and add the description, provider. The date field will automatically populate and the review date will show as a year in the future – the review date can be used for the practice to track if the treatment is going on longer than expected and may require more treatment at a greater cost.

3. At the bottom of the create payment plan screen the first instalment date will be automatically set to the date you have created the payment plan and can be changed as necessary.

4. The first instalment amount is usually the deposit and will be higher than the subsequent instalments. Enter the instalment amount and the instalment frequency (Instalments Every) and the number of instalments will be automatically generated.

   

5. Then press OK. You will now be prompted to select if you would like to invoice the first instalment now (only say yes if you want to charge this to the patient immediately).

If the you decide to use a preset payment method this is usually where they have an external finance company that will pay you outright for the treatment when it starts. This option will automatically charge the patient the total amount of the estimate and the practice will need to process the payment through as normal (if the practice are using this option it is advised to have a payment option set as Finance so that they can easily differentiate them from normal payments)