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Help

Help Please!! Manage Security Deposits in Odoo for a Camera Rental Business

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Toey Pongsathon

Hello,

I’m planning to use Odoo for managing my camera rental business, and I’d like to implement the following pricing rules:

  1. Clients must pay the total rental fee and a security deposit before receiving the rented product.
  2. Upon returning the product within the rental period, the client will receive a full refund of their security deposit.
  3. If the return is overdue, an additional cost for late returns will be deducted from the security deposit.

For example:

    1. Sony FX3 Value: 3800 USD
    2. Rental fee per day: 38 USD
    3. Security deposit: 800 USD

​3 Days rent = (38 x 3) + 800, ​Invoiced = 914 USD


​When returned, 800 USD will be transferred back to client


​If overdue for 2 day, 800 - (38 x 2) = 724 will be transferred back to client


I need assistance with the following:

  • How can I set up security deposits for each client in Odoo?
  • What is the best way to record and track security deposit transactions in the system?
  • How can I configure Odoo to calculate and deduct overdue charges from the security deposit automatically?
  • What workflows or apps would you recommend for this use case?

Thank you for your guidance!

Best regards,

Toey

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Dries Van Weyenbergh
Best Answer

Hi Toey,

We also didn't find a suitable solution for this out of the box in Odoo, this is our custom module: 


It's not on the app store yet, but feel free to contact mee if you're interested!

Good luck!

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