Partial Payments: Can you keep payments if other payments won't be made?
Lahti
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Posted on
Dec-30-2020
04:27 AM
Sorry if this sounds a little silly, but this is something I had in mind in case of a bad scenario happening with my business.
I have orders that are priced high, so I have the option of partial payments, I also have terms set where I cannot refund 50% of the payment once I start work on the project. That being said, if the customers cannot fulfill the other 50%, how would the invoice for the partial payment stand? Would I be able to close the invoice in those cases? Or would it be better to create two separate invoices?
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Recurring Payments
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