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A down payment is an initial, partial payment, with the agreement that the rest will be paid later. For expensive orders or projects, it is a way to protect yourself and make sure your customer is serious.

First time you request a down payment

When you confirm a sale, you can create an invoice and select a down payment option. It can either be a fixed amount or a percentage of the total amount.

The first time you request a down payment you can select an income account and a tax setting that will be reused for next down payments.

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You will then see the invoice for the down payment.

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On the subsequent or final invoice, any prepayment made will be automatically deducted.

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Modify the income account and customer taxes

From the products list, search for Down Payment.

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You can then edit it, under the invoicing tab you will be able to change the income account & customer taxes.

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