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Deposits/Part Payments Due Dates

I am an accommodation proprietor and we take deposits on booking. I think it would be great if we could set a timetable for multiple payments. So all my invoices therefore have two 'Due Dates'. The first would show only the deposit amount.
At present, I enter the payment when it is made but when I go to 'Sales', I see all as unpaid because they have only part paid - so it would be nice to have a deposit/part payment showing as an extra column
  • Patricia Eccles
  • Jan 10 2017
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  • Patricia Eccles commented
    January 10, 2017 09:12

    I do have terrible trouble at the end of the year because I show the deposit as a part payment. It is then showing the rest as due yet, as the taxman counts it as income at the time and the rest is not due till later there has to be a lot of checking what is not actyually iwing at the end of the year!

  • Chris commented
    January 10, 2017 09:12

    I am a property landlord and this would be useful as at present have to have deposit as over payment.

  • carol lopez commented
    January 10, 2017 09:12

    This would be a great feature to add for us as would give the ability to bill the whole amount which is required for VAT purposes and then set up a payment plan and and collect the instillments via gocardless

  • Nikki commented
    January 10, 2017 09:12

    We would love a 'deposit' / 'installments' feature as well. To be able to raise one invoice for a whole project, and then be able to issue requests for initial deposit and several installments until the total is paid would be perfect. And each installment is counted in the profit & loss reports for the month that it is issued.

  • David commented
    January 10, 2017 09:12

    I have also been struggling with deposit and interim payments. I need to create an estimate for my customers, then raise a deposit from the invoice then sometimes an interim payment as well followed by the balance invoice. At present this cannot be done. Also when you convert an estimate to an invoice it shows the full amount in your profit and loss charts for the month even though the job might not take place for a further month and all charts inaccurate as you may of only got the deposit payment in that month. This needs to be looked into as I cant believe I'm the only company that works like this. The support ticket has offered suggestions but their hands are tied.

  • Amanda Chittenden commented
    January 10, 2017 09:12

    It would be helpful if when matching a part paid invoice to the bank feed, that it showed the outstanding amount left rather than the full invoice amount. I often have to go to the customer account to figure out how much is left on an invoice so I can match the payment to the outstanding amount.

  • Claire Thomas commented
    February 7, 2017 16:03

    This would be helpful for when a customer is due to pay a deposit and then the total 6 weeks later, also if you can set up credit control to remind the customer the payment is due

  • Darren Evans commented
    July 27, 2017 07:20

    Yeah I'm completely on board with this too.  Currently I'm taking deposits for work due in 12 months time but the deposit is showing as turnover which is causing havoc with the bookkeeping.