You can set up payments for a contract and have the payments automatically generated when the Contract Module is run. The payments for a contract are set up on the Contract Payments tab.
When the Contract Module is run, Pinnacle will check to see if there are any contract payments that are due or past due. The due date of payments is determined by the date that the last payment was posted, and the frequency of the payments.
If there are any payments due to be generated, Pinnacle will display the Contract Payment Auto-generation window.
The Auto-generation window will display a list of the payments that are due to be made. You can view the payments list to see if you want to generate any or all of the due payments.
Run the Contract Module.
Choose Auto-generate Payments from the Contracts menu.
If there are payments due, Pinnacle will open the Contract Payment Auto-generation window. If there are no payments due, Pinnacle will display a message.
From the Contract Payment Auto-generation window, click the Select All button.
All payments in the list will be highlighted.
Click the Generate button.
Confirm that you want to post all payments.
Pinnacle will generate and post all the selected payments.
From the Contract Payment Auto-generation window, highlight the payments that you want to generate by clicking on them in the list of payments to be made.
You can use the Filter button to apply a filter to the list of payments.
Click the Generate button.
Confirm that you want to post all payments.
Pinnacle will generate and post the selected payments.