What is down payment invoice payment in SAP IS-SE-CCO - Customer Checkout?

SAP Term: down payment invoice payment

• Component: IS-SE-CCO

• Component Name: Customer Checkout

• Description: A special type of article that represents a payment for a down payment invoice that was created outside of the SAP solution.

Smart SAP Assistant

• Key Concepts: 
  Down payment invoice payment is a feature of the SAP IS-SE-CCO Customer Checkout component. It allows customers to make partial payments on invoices, with the remaining balance due at a later date. This feature is useful for customers who need to spread out their payments over time. 
  
  How to use it: 
  To use the down payment invoice payment feature, customers must first select the “Down Payment” option when creating an invoice. They will then be prompted to enter the amount of the down payment and the date when the remaining balance is due. Once this information is entered, the customer can proceed with making the down payment. 
  
  Tips & Tricks: 
  When using the down payment invoice payment feature, it is important to keep track of all payments made and ensure that all payments are received on time. Additionally, customers should be aware that late payments may incur additional fees or penalties. 
  
  Related Information: 
  The SAP IS-SE-CCO Customer Checkout component also includes features such as credit card processing, loyalty programs, and customer rewards. For more information about these features, please refer to the SAP IS-SE-CCO Customer Checkout documentation.