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Payment Term Rate Wizard

by ,
Odoo
v 19.0 Third Party 222
Download for v 19.0 Deploy on Odoo.sh
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Invoicing (account)
• Discuss (mail)
Lines of code 238
Technical Name deltatech_payment_term
LicenseOPL-1
Websitehttps://www.terrabit.ro
Versions 16.0 17.0 18.0 19.0
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Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Invoicing (account)
• Discuss (mail)
Lines of code 238
Technical Name deltatech_payment_term
LicenseOPL-1
Websitehttps://www.terrabit.ro
Versions 16.0 17.0 18.0 19.0
Odoo Partner  •  Terrabit

Payment Term Rate Wizard

Term Rate Wizard

Odoo 19.0 Online • Odoo.sh • On-premise Dedicated support

This module helps finance and sales teams quickly generate structured installment payment terms in Odoo, eliminating the need to manually create each payment line. Instead of building a payment schedule line by line, users fill in a simple wizard and the system generates the complete term with the correct advance, number of installments, and due dates automatically.

Key features:

  • Rate generation wizard
    — a single form (name, type, advance amount/percentage, number of installments, day of the month) generates a full account.payment.term schedule in one click.
  • Percentage and fixed-amount modes
    — supports both percent-based and fixed-value installment plans; the last line always uses the “balance” type to absorb rounding.
  • Installment indicator on invoices
    — the In Rates computed field on account.move flags invoices whose payment term contains more than one line, allowing easy filtering and reporting.
  • Installment indicator on sale orders
    — same flag (Sale in Rates) on sale.order so the sales team can identify orders with split payment terms at a glance.
  • Quick access from multiple documents
    — a Rates smart button on invoices and on partner forms opens the related journal entries for that payment schedule.
  • Wizard bound to Sale Order and Invoice
    — the action is available directly from the action menu of sale orders and invoices, so terms can be regenerated without leaving the document.

Usage

Generating a payment term from the Payment Terms form

  1. Go to Accounting > Configuration > Payment Terms.
  2. Open an existing payment term or create a new one.
  3. Click the Create Rate button in the form header.
  4. Fill in the wizard fields:
    • Name — label for the payment term.
    • Type — choose Percent (installments as a percentage of the total) or Fixed Amount (installments as a fixed monetary value).
    • Advance — down-payment amount or percentage due immediately (day 0).
    • Number of rates — how many installments follow the advance.
    • Rate Value — fixed monetary value per installment (visible only when Type = Fixed Amount).
    • Day of the Month — calendar day on which each installment falls due (e.g. 15 means every 15th of the month).
  5. Click Apply. The existing lines are replaced with the generated schedule. The last line is automatically set to “balance” to absorb any rounding difference.

Generating a payment term from a Sale Order

  1. Open a sale order (Sales > Orders > Orders).
  2. From the Action menu (cog icon), select Payment Term Rate Wizard.
  3. Complete the wizard as described above and click Apply. The Sale in Rates indicator on the order is updated automatically.

Generating a payment term from an Invoice

  1. Open a customer invoice (Accounting > Customers > Invoices).
  2. From the Action menu, select Payment Term Rate Wizard.
  3. Complete the wizard and click Apply. The In Rates field on the invoice reflects whether the assigned term has more than one installment line.

Viewing installment entries from an Invoice

On any posted invoice that uses a multi-line payment term, click the Rates smart button (top-right button box) to open the related journal entries for that payment schedule.

Viewing installment entries from a Partner

On any partner form, click the Rates smart button to see all journal entries linked to installment payment terms for that partner.

Bug Tracker

Bugs are tracked on Terrabit Issues. In case of trouble, please check there if your issue has already been reported.

Do not contact contributors directly about support or help with technical issues.

Credits

Authors

  • Terrabit
  • Dorin Hongu

Maintainers

Current maintainer:

dhongu

This module is part of the dhongu/deltatech project on GitHub.

You are welcome to contribute.

Need help getting started?

We are an Odoo partner building apps for the Romanian market (SAGA & WinMentor export; Romanian accounting localization in progress). Direct support from the team that built the module.

Contact Terrabit →
TERRABIT
© Terrabit Solutions SRL  •  terrabit.ro  •  Odoo apps for Romania, Ireland & Moldova 
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