In Agiblocks, a new contract can be created with payment terms which require deposits.
• | Payment terms are defined in Master data. |
• | Deposit type can be a percentage or a lump sum. |
• | Deposit amount is automatically calculated, but can be overwritten. |
• | Deposit date is the date on which the deposit is expected. |
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Once the contract is Approved (or in another status where Allow Invoicing is ticked in Master data), the deposit requirement will appear in the Deposit list (under the Invoices tile).
• | Select the Edit command line button to add a payment. |
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• | Multiple payments can be registered to one deposit. |
• | Select Add new record to add a new payment. |
• | Fill in the amount and date and select Insert to add the new payment. |
• | Tick the Paid status box to mark the deposit as fully paid if no more payments are expected. |
• | The actual paid amount should be recorded. It does not matter if this differs from the expected total. |
• | Select Save to commit the changes. |
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• | When a deposit has been added to a contract, that part of the contract becomes grayed-out and can no longer be edited. |
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