What is a payment schedule template?
A payment schedule lays out the agreed timings of payments from one party to another. For example, you might share payment schedule template with a contractor, investor, or creditor to arrive at a timeline together.
What is a payment schedule template used for?
Internally, teams will use a payment schedule to help plan and budget for expenses related to contractors, investors, creditors, or vendors. When evaluating a new contract, it is helpful to understand your monthly cash flow by using a payment schedule. Our free payment schedule template is a great place to get started.
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