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Installments - first installment with changing value

Former Member
0 Kudos

Hello Experts,

My customer requires to have such an installment scenario.

Let's say we have Material A for $1000 it is sold in 4 installments.

Installement 1 - $250

Installement 2 - $250

Installement 3 - $250

Installement 4 - $250

that's pretty easy and we can use installment payment terms.

the situation is a bit complicated if a customer decides to pay some money in advance, let's say $200

Material A - $1000, 200 paid in advance

Installement 1 - $200

Installement 2 - $200

Installement 3 - $200

Installement 4 - $200

How can i configure sales in installments when customers pay in advance some money in the beginning.

Please advise

thanks a lot for your help

Points will be granted

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Answers (1)

Answers (1)

Former Member
0 Kudos

hi

Your requirement can be fulfilled through down payment scenario

configure in such a way that $200 will be received as advance or down payment and balance amount in instalments

for down payment search the forum you will get an idea how to configure the down payment with instalment plan

regards