Did you know that SAP Business One has a function for Down Payment Request? And what’s the difference with Down Payment Invoice?
- Down Payment Request.
Down payment requests can be used when a vendor or customer submits an application for an advance payment to be made at a certain time. Creating an A/R Down Payment Request document or A/P Down Payment Request document will not post any journals so, if you make an A/R Down Payment Request document or A/P Down Payment Request document based on the Sales Order or Purchase Order, then the status of the Base Document won’t Close.
- Down Payment Invoice.
Down Payment Invoice is used when the vendor sends or when the customer requests a bill for a down payment. When the A/R Down Payment Invoice or A/P Down Payment Invoice is created, SAP Business One will post the journal for the down payment but will not affect the value of the inventory. You can make a Down Payment Invoice or A/P Down Payment Invoice based on the Sales Order or Purchase Order as well as making an Invoice in general.