How to set Auto-reminders of total outstanding balance for parties in web?

Please follow the steps mentioned below to set Auto-reminders of total outstanding balance for parties:

Step 1: Go to Settings.


Step 2: Click on Auto Reminders >> Reminders to Party >> Click on + Add Reminder

Step 3: Select Outstanding Balance in the Reminder For field

Step 4: Now set the reminder settings according to your requirements >> Click on Save and Update

Please note:
1. 0.20 credits will be deducted for one reminder.
2. Reminders will be sent to all admin users.