A payment schedule template is added here for you to download free of cost. A timetable that indicates due dates of payments with amount is known as payment schedule. It can be used by individuals, companies and other persons to pay off their payment for various reasons. Payment schedule helps a lot to define when, how and in what method payments are payable for a particular objective. An individual or company may use a payment schedule to make payments for a contractor. On another hands payment schedules are also made by borrowers to keep track of payments for repayment of a personal or professional loan. Convenient way to make a payment schedule is use of payment schedule template.
Basic purpose of a payment schedule is to facilitate both parties involved in a financial transaction to set reasonable terms and expectations for payments as part of the transaction. An accurate payment schedule keeps both parties away from misunderstandings and quarrels regarding payments. Payment schedule is a best way to keep track of payment made as well as to check status of due payments with due dates. Consider use of this available payment schedule template we hope it will help you greatly to make an ingenious payment schedule.