Payment terms with a deposit
Quick summary: A deposit is a separate invoice, so the final invoice’s payment terms contain only instalments for the remaining balance.
30–60–10 example
Section titled “30–60–10 example”The customer pays a 30% deposit, 60% on the final invoice, and 10% after 30 days. The payment terms apply to the remaining 70%:
- immediately:
60 ÷ 70 = 85.71%; - after 30 days:
10 ÷ 70 = 14.29%.
Configure and use the terms
Section titled “Configure and use the terms”- Open Accounting > Configuration > Payment Terms and click New.
- Add instalments of
85.71%immediately and14.29%after 30 days. - Enter customer-friendly wording and translate both text fields.
- Select the terms on the quotation and confirm the sales order.
- Use Create Invoice to issue the 30% down-payment invoice. Set its payment terms to Immediate Payment.
- Later, create the Regular Invoice. Odoo splits the balance according to the configured instalments.
Keep instalments as separate receivable lines
Section titled “Keep instalments as separate receivable lines”On the same invoice, Odoo combines payment-term instalments with the same calculated due date into one receivable line. Two instalments both configured as 0 Days after invoice date therefore produce one line for their combined amount. Different instalment descriptions do not keep them separate.
To obtain separate receivable lines, configure different due dates. For example, for a €1,000 invoice with a 30% prepayment portion and 70% balance:
| Payment-term configuration | Receivable lines on the invoice |
|---|---|
| 30% at 0 days and 70% at 0 days | One €1,000 line due on the invoice date. |
| 30% at 0 days and 70% at 1 day | A €300 line due on the invoice date and a €700 line due the next day. |
You can use 0 and 1 day to keep the prepayment portion and the portion intended for payment when issuing the invoice separate. The second portion actually becomes due one day after the invoice date, so agree this timing with the customer and accounting rather than describing both portions as due immediately. Check the calculated dates and receivable lines under Journal Items before confirming the invoice; different rules that calculate the same date still merge.
This grouping applies within one invoice. It does not merge receivables from a separate down-payment invoice and a final invoice. If the deposit was already invoiced separately, use the remaining-balance calculation above and do not include it again.