How to Make Down Payments in Odoo 17 Sales App | Odoo 17 Functional Tutorials
3A down payment is an initial payment made when purchasing a big-ticket item, often an expensive item. It is a percentage of the total purchase price, and the remaining amount is typically financed through a loan or mortgage.
#odoo17 #odoosales
For example, when buying an item in large quantity, a down payment is usually required by the mortgage lender. This payment is a percentage of the item's purchase price, and the size of the down payment can vary.
The purpose of a down payment is to reduce the risk for the lender and to demonstrate the buyer's commitment to the purchase. A larger down payment often results in more favorable loan terms, such as lower interest rates and monthly payments. #odoofunctionalvideos
Connect With Us:
—————————————
➡️ Website: https://www.cybrosys.com/
➡️ Email: info@cybrosys.com
➡️ Twitter: https://twitter.com/cybrosys
➡️ LinkedIn: https://www.linkedin.com/company/cybrosys/
➡️ Facebook: https://www.facebook.com/cybrosystechnologies
➡️ Instagram: https://www.instagram.com/cybrosystech/
➡️ Pinterest: https://pinterest.com/cybrosys/