$ 340.28
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Purchase (purchase)
• Invoicing (account) • Discuss (mail) |
| Community Apps Dependencies | Show |
| Lines of code | 738 |
| Technical Name |
account_payment_advance_purchase_mac5 |
| License | OPL-1 |
| Website | https://apps.odoo.com/apps/modules/browse?author=MAC5 |
| Versions | 14.0 15.0 16.0 17.0 18.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Purchase (purchase)
• Invoicing (account) • Discuss (mail) |
| Community Apps Dependencies | Show |
| Lines of code | 738 |
| Technical Name |
account_payment_advance_purchase_mac5 |
| License | OPL-1 |
| Website | https://apps.odoo.com/apps/modules/browse?author=MAC5 |
| Versions | 14.0 15.0 16.0 17.0 18.0 |
Purchase Advance Payments
The True Advance Payments / Deposits / Prepayments in Purchase Order
Features:
- New button in RFQ / purchase order to register advance payments
- View registered advance payments in purchase order
- Multiple advance payments can be applied to purchase orders
- Advance payments will automatically applied to vendor bills
- The true advance payment! Uses a different account to record advances, rather than Accounts Receivable and Payable
- Includes all the features in the Advance Payments module
Configurations
Create new Accounts for Advance Payments
Create new accounts to be used for customer and vendor advance payments in Accounting > Configuration > Accounting > Chart of Accounts. Make sure that the created account is used for advance payment and reconcilable.
On my example, I created Deposits Paid which is an asset to be used for vendor advance payments.
Create new Journal for Advance Payments
Create new journal to be used for customer and vendor advance payments in Accounting > Configuration > Accounting > Journals. This new journal will be used when advance payment is applied on bills.
Set Default Configuration for Advance Payments
Set default configuration for the advance payments in Accounting > Configuration > Settings and set the advance payment account and journal that will likely be used often.
Configure Bank Journal Payment Methods
Make sure that the payment methods used for advance payments have both Outstanding Receipts and Outstanding Payments accounts configured. To do this, go to Accounting > Configuration > Accounting > Journals, select the relevant Bank Journal, and under the Incoming Payments and Outgoing Payments sections, fill in the Outstanding Receipts Account and Outstanding Payments Account, respectively.
Procedures
Create Advance Payments in Purchase Order
First, create or select a RFQ / purchase order to register advance payments. Then click the Create Advance Payment button. Note that this button will not be shown if the purchase order is fully paid or the purchase order has bills already.
Update the details of advance payment, especially the payment method, amount and date. If done, confirm the advance payment. Go back to the purchase order
Advance payments added in the purchase order will now be shown in the form view. Click on that to view the advance payments or continue to bill the purchase order.
Update the details of the created vendor bill if needed. Note that the bill date and the advance payment date will determine the application date of advance payment to bill. If all done, confirm the bill.
After confirmation, the advance payments from purchase order will be applied to the vendor bill. You can check the details in the total or the Advance Payments tab.
The Advance Payments tab will show the advance payments applied for the current bill.
You can also check the reconciliation details of bill, advance payment and the application of advance payment to bill.
Compatibility
This module is compatible with Odoo 18.0 Community and Enterprise Editions
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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