Different schedule in terms of payment during sales process

[Former Member]

Dear experts,

One of our international customer is having one requirement for having "Various schedule in different terms of payment". Meaning, they want to collect the advance (Down payment) from customers in various schedules during sales process itself. If customer doesn't pay the advance amount then, system should not allow the further sales process like delivery creation, picking and packing.

Example, client wants to receive the advance amount from customer in following schedules

1. During sales order creation - 30%

2. During production order process - 25%

3. then, during delivery creation stage - 25%

4. And as regular after creation of invoice remaining amount 20% client wants to collect from customer.

Is it possible to set this setting with block of sales process. I need experts opinion.

Thanks for your cooperation.

Warm Regards,

VEL

[Former Member · Accepted solution]

Hi,

You can achieve it through billing plan,

In billing rule speciefy your percentage

OR ELSE

You can achieve it through payment terms

In payment terms speciefy installment percentage

Kapil

Edited by: Julius Bussche on Jan 27, 2010 1:05 PM

English grammar corrected. Please do not use SMS-txt...