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does openerp support a sale order with instalment payment and have a penalty if the contract terminated before the end of instal

Mansoor Alsaadi
on 11/25/13, 3:01 AM 1,093 views

I am selling a service to my customer and this service is part of contarct for three years. now the customer paid monthly for three years and if the customer decided to terminate the contract before the three years is completed. he suppose to pay a penalty fee which varies upon the number of payment he had done.

does Openerp support that?

Thank you

Ali Zuaby
On 9/3/14, 11:23 AM

you will need to create contract type where you can add monthly (or quarterly based on how you bill you customers) budget line for the total contract value specifying billing cycle...then set automated action for this contract in case you need the system to generate sales order automatically….also in payment type you will need to create overdue  if its fixed rate and if its percentage of specific price list you can also set overdue percentage….also you will need to set termination fee in payment type.

We have done similar contract and payment template for a real estate industry client.


Feel free to contact us if you require any further assistance @ odoo@simplit.co 

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Asked: 11/25/13, 3:01 AM
Seen: 1093 times
Last updated: 3/16/15, 8:10 AM