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Advance downpayment tool

https://www.cluedoo.com/web/image/product.template/6395/image_1920?unique=adbc26f

Provide four options of deduct type: Fixed Amount, Percentage of Order, Percentage of Invoice, and Balance after checking "Deduct down payments" box when creating customer invoices or vendor bills

US$ 0.00 0.0 USD US$ 0.00 VAT Excluded

US$ 0.00 VAT Excluded

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Advance downpayment tool

Provide four options of deduct type: Fixed Amount, Percentage of Order, Percentage of Invoice, and Balance after checking "Deduct down payments" box when creating customer invoices or vendor bills

US$ 0.00 0.0 USD US$ 0.00 VAT Excluded

US$ 0.00 VAT Excluded

Not Available For Sale

This combination does not exist.

STORY BEHIND THE FEATURE

ODOO BEHAVIOR

When you select the "Deduct down payments" option in Odoo, the system subtracts the total amount of any down payments made previously.
 
CLUEDOO BEHAVIOR

Cluedoo expands the feature so that when you select the "Deduct down payments" box, you now have four options to choose from:
- Fixed Amount: deduct an exact amount to deduct from the total

- Percentage of Order: deduct a percentage of the total order amount

- Percentage of Invoice: deduct a percentage of the invoiceable amount

- Balance: functions the same as ODS feature, automatically deducting the full amount of any previous down payments from the current invoice.

MODULE +

This new feature provides greater flexibility in managing down payments, allowing users to tailor deductions according to their specific needs.
CLUEDOO RECOMMENDATIONS

​ ​Install on 100% of the database.


HOW TO USE THIS MODULE

CREATE A NEW ORDER

  1. Go to Sales/Purchase > New to create a new SO/PO (eg: $1000)
  2. Fill in the details (eg: Customer's name, Product)
  3. Make sure to check the details of the product by going to the internal link
  4. Choose a product type (consumable/service/storable)
  5. Choose an invoicing policy (ordered quantities/delivered quantities)
  • Ordered quantities: Create an invoice when a sales order is confirmed BEFORE you deliver the product.
  • Delivered quantities: Create an invoice AFTER you deliver the product (ideal for businesses that frequently ship large quantities of goods or typically deal with discrepancies between their ordered and delivered quantities)

6. Confirm


A. FOR SALES ORDER

1. Create an invoice for down payments

 Create Invoice > Choose Down payment > Create Draft Invoice > Confirm

Eg: I create a new invoice for a down payment (fixed amount) of $500

2. Create an invoice for deducting down payments

Go back to your SO > Create Invoice > Tick "Deduct down payments" checkbox > 4 types of Deduct Type appear > Choose one of the options

2.1 Fixed Amount 

Choose any amount that you want to deduct, note that the amount deducted cannot be greater than the down payment amount > Create Draft Invoice > Confirm


2.2 Percentage of Order

Choose the percentage of the total order amount that you want to deduct (eg: 10%) > Create Draft Invoice > Confirm

2.3 Percentage of Invoice

Choose to deduct a percentage of the invoiceable amount (eg: 10%) > Create Draft Invoice > Confirm

Note: In this case product's invoicing policy is "Ordered amount", therefore invoiceable amount = total order


For "Delivered quantity" invoicing policy products, Invoiceable amount = Delivered amount - Invoiced amount

2.4 Balance

The system would automatically subtract the total amount of any down payments made previously > Create Draft Invoice > Confirm

B. FOR PURCHASE ORDER

1. Create an invoice for down payments

Create Bill > Choose Down payment > Create Invoices > Vendor Bills > Choose Bill Date > Confirm

Eg: I create a new invoice for a down payment (fixed amount) of $500


2. Create an invoice for deducting down payments

Go back to your PO > Create Bill > Tick "Deduct down payments" checkbox > 4 types of Deduct Type appear > Choose one of the options

2.1 Fixed Amount

Choose any amount that you want to deduct, note that the amount deducted cannot be greater than the down payment amount > Create and View Invoices > Vendor Bills > Choose Bill Date > Confirm

2.2 Percentage of Order

Choose the percentage of the total order amount that you want to deduct (eg: 10%) > Create and View Invoices > Vendor Bills > Choose Bill Date > Confirm

2.3 Percentage of Invoice

Choose to deduct a percentage of the specific invoice amount (eg: 10%) > Create and View Invoices > Vendor Bills > Choose Bill Date > Confirm

2.4 Balance

The system would automatically subtract the total amount of any down payments made previously > Create and View Invoices > Vendor Bills > Choose Bill Date > Confirm