Down payments are the payment methodology that entertains various business organizations to provide its customers with an option to make the payment for the purchase in terms of a longer or a shorter period of time.
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The down payment operations are well appreciated among people as it will allow the customers to acquire the product only for a percentage of the total amount at the initial stage and could pay back to the seller in small amounts for a duration until the total sum is met.
The down payment options can be seen under the various companies which are included in the retail as well as the wholesale operations.
The Odoo 14 supports the down payment operations and allows the users to configure it as per the company requirement.
The down payments in Odoo can be configured to be done based on a fixed amount or on a percentage basis.
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