Sales Orders and Deposit Invoices

[Al]

Is it possible to progress a sales order to a deposit invoice?? We often have a situation where a customer will pay a deposit up front then possibly an intrim payment or two before the final balance is paid. This can stretch over several months so we need to account for the VAT as each payment is made. I am very new to Sage and am trying to find my way around the system........Please help.

[brucedenney]

Just done a lot of work with a company with the same sort of issue.

They wanted to keep deposits separate and track WIP so the solution we ended up with was to invoice deposits separately and post them to a deposits nominal code and then to issue credit notes for the deposits when the final invoices were raised (from the SOP) they were tracking profitability on the invoices and sop so needed it to be all in one as well.

The only problem was that customer got confused by the credit note and invoice being issued, so we did an invoice layout that printed the credit note and invoice as one document along the lines of

Invoice xxx for works blah blah blah £10000

less credit xxx deposit paid £3333

Total due £6667

This would work with multiple credit notes if multiple deposit invoices are issued.

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Another option would be to not issue an invoice, but to create an "application for payment" and treat it as a payment on account.