Manage Down Payments in Business Central
Expand the standard functionalities for down payments in Dynamics 365 Business Central and make them easier to use in sales and purchasing.
Limited Functions for Advance and Down Payments:
Your Challenge without Down Payment Pro
The functions for advance and down payments in Dynamics 365 Business Central are currently still limited. In the standard system, advance payments on balance sheet accounts are not optimally mapped, as advance payment invoices are offset against normal receivables. It is also not automatically recognized whether a down payment has already been made. But don’t worry, we have a clever solution for you that closes precisely these gaps!
Map Your Down Payment Invoice in Dynamics 365 Business Central:
Discover Visiondata's Solution: Settling Down Payments with Down Payment Pro
The add-on Down Payment Pro from our partner company Visiondata is a useful extension of the prepayment invoice function included in the standard Dynamics 365 Business Central/Dynamics NAV. This allows a transaction (e.g., a sales order) in purchasing, sales, and project business to be associated with a prepayment invoice. A comprehensive list of functionalities as well as a comparison to the standard Dynamics 365 Business Central can be found in the table below.
One Add-On, many Advantages:
These Benefits Does Down Payment Pro Offer
Complete Process
You can map the entire prepayment invoice completely in Business Central. All processes take place in one system.
Error Minimization
Thanks to the automatic processing of all necessary bookings, no steps are forgotten and you minimize careless mistakes.
Work Productively
Inspire your employees with an add-on from Visiondata that lets you work faster and more productively.
Compactly Summarized for You:
All Details About Down Payment Pro
Functions
- Simple setup of a down payment plan for sales orders, purchase orders, and projects
- Processing of monetary/percentage down payment invoices
- Posting/reposting to specific accounts within the financial accounting for down payments, including Requested Down Payment
- Posting to a specific account within the financial accounting called Unrealized Tax:
- Through unrealized VAT, VAT is automatically realized proportionally upon payment and taken into account in the VAT return
- Reposting of unrealized tax and requested down payment to received down payment and realized tax upon payment
- Automatic determination of received and unreceived down payments and reduction of the invoice gross amount calculation on the final invoice
Deployment
- Online (Cloud)
- On-Premises
Compatibility
- Dynamics 365 Business Central Essentials or Premium
- Dynamics NAV
Costs
The costs for the add-on cannot be given as a lump sum. It depends on exactly which functionalities you need and how many users you want to license.
Please contact us if you have detailed questions about supported versions.
How Does Down Payment Pro Extend the Standard?
It’s me, Theo the Technology Interpreter!
As a Technology Interpreter, I’d like to clearly explain how the AnzahlungenPlus add-on expands the standard functionality of Microsoft Dynamics 365 Business Central. You’re going to love it!
| Criterion | System Standard Dynamics 365 Business Central | Visiondata AnzahlungenPlus |
|---|---|---|
| Definition of monetary/percentage prepayments or down payments (per debtor, per creditor, for all items/for specific items) | ✓ | ✓ |
| Representation of prepayments or down payments in sales orders | ✓ (Prepayments*) | ✓ (Down Payments*) |
| Representation of prepayments or down payments in purchase orders | ✓ (Prepayments*) | ✓ (Down Payments*) |
| Representation of prepayments or down payments at the project level | – | ✓ (Down Payments*) |
| Allocation of the total order value into any number of down payment invoices (setting up an installment plan) | – | ✓ |
| Setup of booking accounts for prepayments for different areas | ✓ (Sales, Purchases) | ✓ (Sales, Purchases, Projects) |
| Setup of unrealized booking accounts for each VAT indicator | ✓ | ✓ |
| Setup of a booking account for received down payments | – | ✓ |
| Indication of prepayments/down payments on the final invoice | ✓ (no indication and deduction of received/not received down payments) | ✓ (including indication and deduction of received down payments) |
What Are You Waiting For?
Get to know us! In a free initial consultation, we’ll determine together if we, as a partner company, and the ERP system for medium-sized businesses, are the right solution for you and your company.
Let's Craft Your Success Story together
We are looking forward to your inquiry!
