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Payment Terms 50% in advance

  • August 31, 2021
  • 2 replies
  • 3266 views

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Hi

I need to create payment terms , that customer must pay 50% in advance .

how i can do it ?

Best answer by Shehan Almeida

Hi,

 

Payment terms becomes effective when invoices are posted/printed as instalments and due dates will be calculated based on that.

 

If the customer has to pay before the invoice is printed. Then you will have to use advance invoice option for this purpose.

 

However, If the customer needs to pay 50% on the date of the invoice and remaining 50% on a latter date you can create a payment term as follows.

 

 

 

Hope this helps,

 

Shehan Almeida.

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2 replies

Heshani Vidanapathirana
Hero (Employee)
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Hi @Nagah.khaled 

I’m not clear about what you meant by 50% in advance.

you want an advance payment before creating the invoice?

 

Best Regards

Heshani


Shehan Almeida
Superhero (Partner)
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  • Superhero (Partner)
  • 271 replies
  • Answer
  • August 31, 2021

Hi,

 

Payment terms becomes effective when invoices are posted/printed as instalments and due dates will be calculated based on that.

 

If the customer has to pay before the invoice is printed. Then you will have to use advance invoice option for this purpose.

 

However, If the customer needs to pay 50% on the date of the invoice and remaining 50% on a latter date you can create a payment term as follows.

 

 

 

Hope this helps,

 

Shehan Almeida.