What is down payment request in SAP SBO - SAP Business One?

SAP Term: down payment request

• Component: SBO

• Component Name: SAP Business One

• Description: A function that traces down payments and reduces the down payment amount received from the regular invoice that is created later.

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• Key Concepts: 
  A down payment request in SAP Business One is a request for a customer to make an advance payment on an invoice. This is typically used when the customer has requested a large order or when the supplier needs to cover the cost of materials before shipping the goods. The down payment request can be sent to the customer via email or printed and sent by mail. 
  
  How to use it: 
  To create a down payment request in SAP Business One, go to the Sales tab and select “Down Payment Request” from the drop-down menu. Enter the customer’s name, address, and contact information. Select the invoice that you want to create a down payment request for and enter the amount of the down payment. Once you have entered all of the necessary information, click “Save” to generate the request. 
  
  Tips & Tricks: 
  When creating a down payment request, it is important to include all of the necessary information such as the customer’s name, address, and contact information. Additionally, it is important to include any terms and conditions that may apply to the down payment request. This will ensure that both parties are aware of any potential risks or liabilities associated with the transaction. 
  
  Related Information: 
  For more information on creating down payment requests in SAP Business One, please refer to SAP’s official documentation here: https://help.sap.com/viewer/product/SAP_BUSINESSONE/9.3/en-US/f8d7f2b6a7c14e8a9f3d2b5f1e4d7c2a.html