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Purchase Order Pre Payment in Odoo

by
Odoo

69.73

v 18.0 Third Party
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Purchase (purchase)
Discuss (mail)
Lines of code 392
Technical Name rcs_purchase_order_advance_bill
LicenseAGPL-3
Websitehttps://www.reliution.com
Versions 17.0 18.0
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Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Purchase (purchase)
Discuss (mail)
Lines of code 392
Technical Name rcs_purchase_order_advance_bill
LicenseAGPL-3
Websitehttps://www.reliution.com
Versions 17.0 18.0

Purchase Order Pre Payment in Odoo | Advance PO Billing

Streamline your procurement process with the Purchase Order Pre Payment in Odoo | Advance PO Billing module. This essential tool empowers businesses to manage vendor prepayment and partial payment processes directly within the Odoo Purchase module, mirroring the robust functionality already available in the Sales application.

This module is designed to give you complete control over your payment flow and vendor relationships by enabling the creation of prepaid bills. Whether you need to make a partial payment based on a prepaid percentage or a fixed amount, this app provides a simple, integrated solution for managing purchase advance payments and securing your supply chain.

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Hot Features


Flexible Prepayment Options:

Easily create a prepayment invoice for your vendor, with options for a partial payment based on a percentage or a fixed amount.

Seamless Integration:

The app brings the familiar prepayment functionality from the Sales module to the Purchase module, ensuring a consistent user experience.

Intuitive Workflow:

The prepaid bill creation is integrated directly into the standard purchase order process, requiring no complex setup.

Smart Bill Tracking:

A smart button appears on the purchase order screen, providing a one-click link to the prepayment bills you've created

Supports Multiple Payments:

Create multiple partial payments or prepaid bills against a single purchase order.

Detailed Features

Advanced Billing Options: After confirming a purchase order and receiving the goods, clicking the "Create Bill" button reveals new options for generating a prepayment invoice. Users can choose between a Down payment (percentage) or Down payment (fixed amount) to create a prepaid invoice for any portion of the total purchase order value.
Simplified User Experience: The app's design ensures a smooth transition for users already familiar with Odoo's Sales module, as the prepayment workflow for vendors is exactly the same as for customers. This familiarity reduces the need for extensive training and implementation time
Clear Visibility with a Smart Button: Once a prepayment invoice or prepaid bill is created, a dedicated smart button appears at the top of the purchase order form. This provides quick access to the bill, allowing for easy tracking of all partial payment records associated with the order.
Automated Calculations: The app intelligently calculates the due amount by subtracting the amount paid from the billed amount, ensuring accurate and real-time financial data on every purchase order.

Set Up

This module is designed for simplicity. After installation from the Odoo App Store, the new functionality is automatically enabled in the Purchase module, requiring no additional configuration, although some settings can be modified if the user needs to.
By default, advance payment services are pre-configured in the settings. After installing the module,
navigate to: Purchase >> Configuration >> Settings
Scroll down to the Product section, where you will see the Advance Payment Service configured by default. You can modify this configuration if needed.

Work Flow

Create a Purchase Order: Begin by creating a new purchase order in Odoo.
Confirm the Order: Confirm the purchase order once all details are correct.
Receive and Validate: Ensure the goods have been received and validated.
Create a Prepayment Invoice: Click on the "Create Bill" button. A pop-up will appear, offering the new prepayment options.
Choose Your Method: Select "Regular Bill", or "Down payment (percentage)" or "Down payment (fixed amount)" to generate a prepaid bill.
Manage and Track: The generated bill is automatically linked to the purchase order, via a smart button for easy access and tracking.

Industry-Specific Use Cases

Manufacturing & Wholesale:
Make an advance payment to a supplier for a large order of raw materials or components, securing your place in the production queue.
Construction & Real Estate:
Pay subcontractors or material suppliers a deposit to begin work or secure high-value materials for a project.
Retail & E-commerce:
Pay a vendor a prepaid bill for a special-order product or for bulk inventory to be delivered at a later date.
Service-based Businesses:
Make a prepayment for a consultant's fee or a specialized service that requires a deposit before the work can begin.

Frequently Asked Questions (FAQs)

Standard Odoo allows for down payment invoices in the Sales module, but not for the Purchase module. This app extends the same powerful functionality to your purchase orders, enabling prepayments to vendors.

When you record a partial payment on a vendor bill, the app will update the amount paid and the due amount on the linked purchase order.

You can use the feature after the purchase order has been confirmed and the products have been received.

Yes, you can generate a regular bill for the remaining amount on the purchase order after all partial payments have been made.

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