Yes, All payments will be applied to a single invoice:
When a donor inputs a donation amount and elects to pay monthly, they will be able to select the number of monthly installments they prefer. The system will divide the donation amount by the elected number of months. All installments will be placed on one invoice. After an installment is made, each payment will be labeled with the number of the installment sequence paid. If the donor is paying by credit card or ACH/e-check, the system will automatically charge the donor after the initial charge until the donation amount is satisfied.