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Former Member
Feb 12, 2011 at 01:17 PM

Downpayment doubts

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Hello Professionals,

I just need some help to clarify the following:

1. Can downpayment or its partial/full invoice be made with a Periodic billing plan or can only be with Milestone billing plan?

2. when downpayment is received in FI department, a downpayment request is created to settle it but will not yet clear it until the printing of the 1st partial invoice? If so, can i know the rationale?

3. is it that downpayment can be made a 2nd time to increase or decrease the downpayment amount paid in total and if there is still outstanding downpayment, this sum can be cleared together with the final invoice?

So, when downpayment is not yet fully cleared, the partial invoice and final invoice and be processed also?

4. If downpayment can be made 2nd time, how many times can downpayment be processed or made? Not fixed rule right?

best regards

Pascal