ADM – ST – Instalment Plan Overview

In this step-by-step video, you’ll discover how to create and manage Instalment Plans in TEAMS, which are used to automate the billing process for applications and enrolments.

You’ll learn how to:

• Understand what Instalment Plans are and why they’re used in TEAMS
• See how instalment plans work when generating invoices from applications or enrolments
• Define the number of invoices, amounts, and due dates within each plan
• Apply key setup rules, including:
  • Student type (CRICOS, Domestic, or Funded)
  • Duration and number of instalments
  • Trigger dates (Creation Date or Enrolment Start Date)
  • Fee allocation and naming conventions
• Understand how TEAMS automatically adjusts instalments for shorter enrolments
• Follow best practices — test each plan, maintain consistent naming, and review plans regularly
• Instalment Plans ensure your billing process is accurate, compliant, and automated, helping reduce manual work and minimise errors.

IMPORTANT: At the end of this lesson, you will need to complete the quiz before moving on to the next lesson.