I sincerely need an option to invoice for a deposit on a total invoice. The customer would need to see the total invoice amount and the total deposit amount due for the invoice. The only way I can do...
We usually need to invoice our customers for 50% deposit to proceed with an order and the balance payable one week before shipping.
Currently I have to either do two invoices (one for deposit and one for the balance) OR do one invoice and insert a header that states the deposit amount required and that the balance will be due one week before shipping.
I propose that MYOB implements the following in their payment term options for invoices or in the card files:
1. OPTIONAL deposit payable entry in which you can specify the percentage amount. Perhaps it can be an option that is ticked if you would like this entry included in the calculations field?
2. Balance due entry field that automatically calculates what the balance would be after deposit, and also you can select the date that the balance will be due.
When trying to find a solution for this invoicing issue that I am experiencing, I realised that there are plenty of customers out there in the same situation who would benefit from having the option to customise their MYOB invoice payment terms like this.
What do you think?
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Thanks for the great idea @sailextreme. We would love to hear what other users think about this. Please show your support with further votes and comments.