Overview

Usually, orders are paid in full once the order items are received and invoiced. Stage payment enables customers to pay suppliers before or after receiving the ordered goods.  Payments are spread over time, and the supplier must be paid on certain dates.  The purchase order item's invoice flow is separated from the flow of its goods.  Stage payments can be useful for items with long lead times, high value, extensive engineering, and a fixed price.  Payments can be divided into stages based on the dates and events for which the supplier must complete specific tasks before being paid for goods.

In Integro, stage payment terms can be applied to a purchase order at any time before the first purchase invoice is assigned to the order.  Purchase invoices can then be created for each stage whenever the supplier receives the corresponding invoice.  You can also set up payment stage templates to be assigned to any purchase order.

Setup Templates

You must set up at least one default payment stage template, which will usually be 100% on Delivery. This template will be assigned to all new orders and can be subsequently changed if necessary.

Add a New Template