Customer Payment Plan

Does anyone know if there is a way to create payment plans for customers on Acumatica? I have a customer who has not been paying their open invoices, so they requested to begin a monthly payment plan for a set amount (ex. $1000) to pay off their open invoices. Can we create a invoice for the set amount that the customer will pay every month and then once we receive payment we apply the money to the open invoices accordingly?

Thank you!