Is there ability to have different payment terms on the same sales order, one for the deposit (generally due immediately) and different terms for final payment (often 30 days).
Hi Senthil,
I think that is the term. You don’t make it two terms; your term has two rules. Here’s an example we have with a large deposit and then 25% due after shipment:
Nancy
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Different payment on the same sale order.
That’s what @Nancy_Hoyt is showing. In the Payment Schedule you set up your two payments. In this case the first one is due immediately for 30%… the second payment (70%) is due 30 days after invoice.
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Deposit and 30-Day net we want to capture. I assume what you defined is for the days discount. Am I right?
I’m not sure I follow your question.
The “Days” in the image above is the Days until payment is due, following the processing of the invoice.
So, invoice (1) is created for 30% down on 7/1/2024… payment due date would be 7/1/2024.
Invoice (2) is created for 70% balance on 8/1/2024… payment due date would be 8/31/2024.
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Thank you for the clarification.