First time poster here!
Background: I have started using ERPNext for my design studio, where we provide design services & furniture as well.
Had a couple of issues / questions regarding the workflow between sales, invoicing and payments. I’m not that great with accounting, so would need a lil help here.
Can anyone help me out with the following things below:
When I submit sales order, can the payment terms be auto-calculated? (Eg: I charge my client USD 100 for the total order, and I usually charge 75% upfront and balance 25% on delivery)
Once the sales order confirmed, I try to raise an invoice of the 75%, but cannot seem to find an option to show that. It gives me an error when i try to add it in the advance payments unallocated section - “Payment Entry has been modified after you pulled it. Please pull it again.
Did not save”
Basically I would like to have multiple invoices for one sales order.
Say right now I am raising total invoice of USD 100, Can i have the option to track advance payment of 75, and the balance 25 to be shown as due?
When i print my sales order, Can i show the total value alongwith the advance value needed and pending in the document?
Thanks a lot in advance guys!