Boosting Retail & Wholesale Sales with Business Promotions in Odoo
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Credit Payments in POS
𝗢𝗱𝗼𝗼 𝗣𝗢𝗦: 𝗦𝗲𝘁𝘁𝗹𝗲 𝗖𝗿𝗲𝗱𝗶𝘁 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗘𝗮𝘀𝘆 𝗦𝘁𝗲𝗽𝘀
Offering customers the option to pay via credit tied to their account is a smart way to build loyalty and flexibility. In Odoo’s Point of Sale (POS) system, you can seamlessly handle these transactions—known as customer account—and settle them with ease. If you’re using Odoo’s Point of Sale (POS) system, you’re already equipped with a powerful tool to process these transactions.
𝗪𝗵𝗮𝘁 𝗔𝗿𝗲 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 𝗶𝗻 𝗢𝗱𝗼𝗼 𝗣𝗢𝗦?
Customer credit payments occur when a customer uses their account credit—either pre-paid or on a credit terms basis—instead of cash or card.
Think of it as a tab: the customer buys now, and you settle it later based on their account balance. Odoo POS makes this process efficient, but settling these payments requires a few key steps.
Step 1: Set Up Customer Account in Odoo
Before settling, ensure credit is enabled:
- Go to the 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀 contact in Odoo and select or create a customer profile.
Step 2: Process the Credit Payment in POS
Here’s how the customer pays with credit:
- Open a POS session and add items to the cart.
- At checkout, select the customer from the POS interface (𝗰𝗹𝗶𝗰𝗸 “𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿” and search their name).
- Choose the “𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗔𝗰𝗰𝗼𝘂𝗻𝘁”payment option.
- Confirm the transaction—Odoo logs it as a credit-based sale.
The payment is recorded, but it will not be settled until paid.
Step 3: Close the POS Session
To move toward settlement:
- End your shift by clicking “Close Session” in POS.
- Review the session summary.
- Validate the session to sync data with Odoo’s accounting and invoicing modules.
Closing is essential to settle customer credit payments in Odoo POS accurately.
Tips for Managing Customer Credit Payments
- 𝗠𝗼𝗻𝗶𝘁𝗼𝗿 𝗕𝗮𝗹𝗮𝗻𝗰𝗲𝘀: Regularly check open credit in the Customers module.
- 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝗰𝗮𝘁𝗲 𝗧𝗲𝗿𝗺𝘀: Ensure customers know when their credit needs settling.
- 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲 𝗔𝗹𝗲𝗿𝘁𝘀: Use Odoo’s follow-up tools to remind customers of due payments.
These tricks simplify 𝗢𝗱𝗼𝗼 𝗣𝗢𝗦 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗰𝗿𝗲𝗱𝗶𝘁 management.
𝗪𝗵𝘆 𝗦𝗲𝘁𝘁𝗹𝗲 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗖𝗿𝗲𝗱𝗶𝘁 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗣𝗿𝗼𝗽𝗲𝗿𝗹𝘆?
Accurate settlement prevents revenue leaks, maintains trust with customers, and keeps your accounting clean. With Odoo POS, you get a clear path from sale to settlement—no guesswork needed.
- Select the customer name to settle the credits (due amount in the customer account will be visible against the customer)
- Select the customer name and option to settle the due amount.
- Select the available payment options like card, cash, etc.
- Once the payment is completed, you can take the print for the same from POS itself.
𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻:
Take Control of Customer Account in Odoo POS
Settling customer credit payments in Odoo POS is all about setup, processing, and reconciliation. By following these steps, you’ll master 𝘀𝗲𝘁𝘁𝗹𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗮𝗰𝗰𝗼𝘂𝗻𝘁 𝗶𝗻 𝗢𝗱𝗼𝗼 𝗣𝗢𝗦 and keep your business finances in check. Ready to offer flexible payments? Dive into Odoo POS and make customer credit work for you!
Unlock Accurate Costing and Profitability with Landed Costs in Odoo
As Odoo continues to evolve, version 18 is anticipated to introduce a range of innovative features designed to enhance user...
Credit Payments in POS
As Odoo continues to evolve, version 18 is anticipated to introduce a range of innovative features designed to enhance user...
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