Published On Apr 26, 2023
A cash payment that occurs at the beginning of a purchase transaction is a down payment. It allows customers to produce purchase payments for short or long-term periods. #odoo16
One of the benefits of a down payment is the lower interest rate available for customers. Most companies added down payments for wholesale or retail operations and are well recognized among people.
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Once the sale order is completed, a down payment is entered into the total amount. It is beneficial for the perspectives of both buyer and seller.
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Odoo 16 Sales module ensures users manage down payment operations as per company requirements.
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