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What is a payment schedule?

A payment schedule can be used to automatically prompt a guest for a payment. Prompting may take place immediately upon completing a new reservation request, or at some other event such as X number of days prior to the start of a reservation.

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What does "use for internal reservations" mean?

This means that reservations you enter using the Reservation Manager will be automatically tied to the selected payment schedule.

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Do I need to use all three options, deposit, additional payment, and balance?

No. You can use whichever options best suit your needs.

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