Odoo Implementation
Payment register with multiple deduction | Multiple invoice settlement against single payment
by Technoverse Systems http://www.technoversesystems.com/$ 12.40
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 174 |
| Technical Name |
ts_account_payment_multi_deduction |
| License | LGPL-3 |
| Website | http://www.technoversesystems.com/ |
| Versions | 17.0 18.0 19.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 174 |
| Technical Name |
ts_account_payment_multi_deduction |
| License | LGPL-3 |
| Website | http://www.technoversesystems.com/ |
| Versions | 17.0 18.0 19.0 |
>Payment register with multiple deduction
Eliminate the hassle of manually calculating and posting multiple deductions when receiving payments. The Payment Register with Multiple Deductions module supercharges your Odoo Accounts Receivable process. When registering a customer payment, you can now easily add any number of deduction lines—such as bank charges, withholding tax, early payment discounts, or other agreed-upon adjustments—and the system will automatically create a perfectly balanced journal entry. This saves countless hours of manual reconciliation, ensures your financial records are accurate, and provides clear audit trails for every adjusted payment.
Key Features
Multi-Deduction Support
Add an unlimited number of deduction lines directly within the "Register Payment" wizard for any customer invoice.
Automatic Journal Entry Balancing
The module automatically calculates the net payment amount and creates a single, accurate journal entry that debits the bank, credits the invoice receivable, and posts all deductions to their respective accounts.
Clear Line-Item Details
Each deduction can have its own description, amount, and account, making it easy to track why a payment was less than the full invoice amount (e.g., "Bank Transfer Fee: $5", "Withholding Tax: 10%").
Seamless Invoice Reconciliation
The invoice is correctly marked as "Paid" (or "Partially Paid") with the adjusted amount, and all deduction details are stored in the payment history for full transparency.
Compatible Community & Enterprise
Designed to work seamlessly across all official Odoo versions, ensuring wide accessibility.
Enhanced Financial Reporting
By correctly posting deductions to specific accounts (e.g., "Bank Charges," "Withholding Tax Paid"), your Profit & Loss reports and financial statements remain accurate and insightful.
Show Deduction in Register Payment.
Show invoice paid.
Show journal entry payment with deduction.
FAQ
Release 1.0.1.0.0
1 December, 2024- Initial Commit
Our Services
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Third Party Integration
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