What is Billing Control Policy by Vendor in Odoo?
This billing control policy by vendor sets out the processes for billing for vendor(s).
You can set your billing control policy by vendor based on selecting Ordered quantities or received quantities for purchase orders instead of product Ordered quantities or Received quantities.
So you can set the custom billing policy for vendor(s) by selecting by vendor Ordered quantities or by vendor delivered quantities in the Odoo Bill Control setting for purchase.
Why is Billing Control Policy by Vendor Required?
In Odoo current follow for Purchase invoicing/billing is that bill invoice(s) are generated based on Ordered quantities or received quantities.
In simple terms, in current Odoo Purchase invoicing/billing; bill(s) needs to pay when the purchase order is placed or order is delivered.
Benefits of Billing control policy by vendor
As per the name, you can set billing policy by vendor(s) as per the vendor’s preference such as billing based on Ordered quantities OR received quantities.
- You can set vendor bills/invoices that need to be paid when a purchase order is placed for some providers as per their preference!
- You can set bills that will be paid to the vendor when the order is delivered.
- For some vendors as per requirements, you can set bill(s) that need to be paid when a Purchase order is placed; while for some old and trustful vendors as per preferences, you can pay bill/invoice when the order is delivered to you.
So for a set of vendors(s), you can select billing policy by vendor(s) as per your preferences as well as vendor.
Moreover, you can also set product(s) billing policy as vendor invoicing policy too.
Billing control policy by vendor is now very easy with a custom module developed by Silent Infotech.
For a review and buy please click here.