Customer deposits

Customer deposit, customer deposit settlement.

In some cases, a deposit may be required before an order is completed; the company then issues a deposit payment request, which it sends to the customer so that they can make the payment.

Customer deposit

A customer deposit is a sum of money paid by the customer before delivery of the goods or completion of the service.

In this case, Le Petit Rapporteur placed an order for 5 deck chairs with MASOCIETE, followed by a 30% deposit required to confirm the order.

Implementation

To create an order that requires, for example, a 30% deposit, you can do the following: Sales > Order > Orders, then [[New]].

And, yes, you have to save it.

Customer deposit settlement

When the customer receives the request for payment of the deposit, they can proceed to payment.

Following on from the order for 5 deckchairs, once the deposit request has been sent, Le Petit Rapporteur will pay the deposit using the same payment method.

Implementation

In order for your accounting manager to record a customer's down payment, for example, they can go to Cash flow > Inflow Management > Customer Deposit stettlement.

By selecting the Customer, the Order, and the Amount, as well as the information corresponding to that order, the form is filled in automatically.

Finally, save.