Billing Schedule Setup

Hi everyone -

This will be our first year using payment plans in Tessitura and I am working on getting predefined billing schedules setup.  What I created is a 3 month and 6 month option for the 15th of the month, either starting the month of the current order or the following month.  Have I set it up correctly?  

I know we can always do an ad hoc payment schedule in the order, but the less room for human error the better!

Thanks in advance!