In our ongoing efforts to provide our users with the flexibility in managing their bookings, we’ve rolled out a fresh feature: Partial Payments for Calendar. This feature aids businesses that operate on a reservation basis, allowing them to secure bookings and grow by collecting a deposit upfront.
Prior to this update, users were limited to accept full payments through our calendar booking service. However, with the introduction of the partial payments feature, users can now flexibly set a flat deposit amount or a percentage of the total booking cost to collect at the time of booking.
The remaining balance will be easily referenced in the Payments > Invoices tab, facilitating better financial tracking and follow-ups for your business.
It’s worth noting, when partial payments are enabled, two entries will materialize in the payments section. A ‘Transaction’ entry showing the initial deposit amount taken at the time of booking and an ‘Invoices’ entry indicating the pending amount to be collected from the booker. It’s important to remember that invoices will remain in draft status and users are required to manually collect the pending amount.
Here are some steps to kickstart taking partial payments:
We hope this feature strengthens your payments strategy and ultimately leads to a fortified customer relationship. Remember, more flexibility for your customers means more business for you!
Partial payment calendar settings
Transaction and Invoice entries
Make sure to check out our latest article to stay updated with all our current and upcoming features.