This document provides instructions for configuring and using a Magento extension called Recurring & Rental Payments that allows customers to subscribe to products and pay for them periodically. It describes how to configure subscription plans and payment settings in the Magento admin panel, and how customers can subscribe to plans and view their subscriptions from the frontend store and their account dashboard. Administrators can also view subscription information and payment details through the Magento admin panel.
Business organizations often follow different payment collection and payment making methods. In many cases, the payments to suppliers or payments from customers are made as installments. Odoo ERP has the feature to configure and use different payment method in it. In Odoo, it is called Payment terms, we can set different payment terms and use it for both customer bills and vendor bills. In this blog, I will be explaining 'how to configure and use different payment terms in Odoo'.
How to Make Down Payments in Odoo 17 Sales AppCeline George
The amount that a buyer pays beforehand towards the entire cost of an item, such as a Home, Automobile, Electronics, Installments, or any other product or service, is known as a down payment. Debt, interest, and monthly payment amounts for the borrower may all be greatly decreased as a result. In order to confirm the supply of their goods or services to the client, the merchant takes a down payment, with the expectation that the remaining balance will be paid later.
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Payment terms often allow Customers to plan their Payments easily and proceed with the purchases accordingly. Payment Terms can be applied to sales orders, customer invoices, supplier bills, and contacts. At the same time, it will ensure you preserve proper cash flow in the business without clutters or payment lags. You can access this feature from the Accounting module of Odoo. Defining Payment Terms automatically calculates the payments’ due dates. This is particularly helpful for managing installment plans.
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The M2C Financing program allows the business owner the ability to offer financing options to their clients for up to 12-months and with rates as low as 9% for products and/or services NOT based on the client’s credit.
With this alternative financing program the client gets the product and/or service up front and you get paid within 48 Hrs.
An excellent financing option for your client’s and the best sales tool you can have in order to increase your sales by 30% in the next 30 days!
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Business organizations often follow different payment collection and payment making methods. In many cases, the payments to suppliers or payments from customers are made as installments. Odoo ERP has the feature to configure and use different payment method in it. In Odoo, it is called Payment terms, we can set different payment terms and use it for both customer bills and vendor bills. In this blog, I will be explaining 'how to configure and use different payment terms in Odoo'.
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The amount that a buyer pays beforehand towards the entire cost of an item, such as a Home, Automobile, Electronics, Installments, or any other product or service, is known as a down payment. Debt, interest, and monthly payment amounts for the borrower may all be greatly decreased as a result. In order to confirm the supply of their goods or services to the client, the merchant takes a down payment, with the expectation that the remaining balance will be paid later.
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The M2C Financing program allows the business owner the ability to offer financing options to their clients for up to 12-months and with rates as low as 9% for products and/or services NOT based on the client’s credit.
With this alternative financing program the client gets the product and/or service up front and you get paid within 48 Hrs.
An excellent financing option for your client’s and the best sales tool you can have in order to increase your sales by 30% in the next 30 days!
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While the dev and ops silo continues to crumble….many organizations still relegate monitoring & observability as the purview of ops, infra and SRE teams. This is a mistake - achieving a highly observable system requires collaboration up and down the stack.
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Magento Recurring and Subscription Payments
1. Magento Recurring & Rental PaymentsDemo Store User Guide
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Email: service@indieswebs.com
Store: www.indieswebs.comOfficial: www.indiesinc.com
Version 3.0.0
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Indies Recurring & Rental Payments
Magento Recurring & Rental PaymentsEnrich your online store with Magento Recurring & Rental Payments and avail your customers with subscription based products to pay timely subscription or rentals.
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How to configure “Recurring & Rental Payments” from Magento Admin panel
Indies Recurring & Rental Payments
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Indies Recurring & Rental Payments
•Login to demo-store admin area with credentials
How to configure Recurring & Rental Payments
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Indies Recurring & Rental Payments
How to configure Recurring & Rental Payments
Go to System Configuration to configure “Recurring & Rental Payments” extension.
Click on “Recurring & Rental Payments” under “INDIES SERVICES” tab of configuration menu in the left Panel
You will get “Recurring & Rental Payments” configuration page.
6. 6Indies Recurring & Rental Payments
How to configure Recurring & Rental PaymentsEnter serial key Enable/Disable module
Click to Save Configuration settings
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Indies Recurring & Rental Payments
How to configure Recurring & Rental Payments
Select Customer groups to make Recurring & Rental available for
Select status for which you want to activate Recurring & Rental profile
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Indies Recurring & Rental PaymentsHow to configure Recurring & Rental Payments
For displaying terms at frontend on product view pageSelect YES if you want to show delivery notice on checkout
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Indies Recurring & Rental Payments
How to configure Recurring & Rental PaymentsSend Email to client after order confirmation
Choose Email template
Select Email sender
Enter email id to receive CC of order confirmation Email
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Indies Recurring & Rental PaymentsHow to configure Recurring & Rental Payments
Choose email template Select YES if you want to send reminder email for next paymentSender of the email
Enter email id to receive CC of Next Payments Reminder email
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Indies Recurring & Rental Payments
How to configure Recurring & Rental Payments
Choose email template
Select YES to send Next Confirmation reminder email
Sender of the email
Enter email id to receive CC of Next Payments Confirmation email
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Indies Recurring & Rental Payments
How to configure Recurring & Rental PaymentsSend Email when status changes to suspended
Send Email for new subscriptionSend Email when status changes to active
Send Email when status changes to canceled
Send Email when status changes to Expired
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Indies Recurring & Rental PaymentsHow to Add new PlanYou can see various added plans here
You can add new plan from hereEdit plan from here
Go to Recurring & Rental Payments Plans, to add new plan
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Indies Recurring & Rental Payments
How to Add new Plan
You can see Plan Information tab on the left, select Products from the tab.
Select Products tab
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Indies Recurring & Rental Payments
How to Add new PlanSelect product for which you want to add new plan
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Indies Recurring & Rental Payments
How to Add new Plan
Add price to use under trial term
Discount for the first term
Sale this product as normal product also
Start date of the subscription
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How to Add new PlanName of termRepeat plan per each term
Make plan active till number of terms
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Indies Recurring & Rental Payments
Recurring & Rental Payments at Front End
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Indies Recurring & Rental Payments
Recurring & Rental Payments at Front EndUser can select date for first delivery
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Indies Recurring & Rental Payments
Recurring & Rental Payments at Front End
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Indies Recurring & Rental Payments
Recurring & Rental Payments at Front End
Enter text to send delivery notice
This box will only be shown if selected “YES” for “Delivery notice at checkout” in configuration
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Recurring & Rental Payments at Front EndOnly those payment methods will be shown for which this extension is supported
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Indies Recurring & Rental Payments
Recurring & Rental Payments at Front EndRecurring & Rental payments applied
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Indies Recurring & Rental PaymentsSubscription details from “MY ACCOUNT”
You can move to product page from hereYou can see your subscribed product in “My Account” page
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Indies Recurring & Rental Payments
Subscription details from “MY ACCOUNT”
Complete details of subscription
You can change the payment method from here
You can Suspend, Prolong or Cancel the subscription
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Indies Recurring & Rental Payments
Subscription details from “MY ACCOUNT” When you cancel the subscription, you will get this message
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Indies Recurring & Rental Payments
Subscription details from “MY ACCOUNT”
Subscription details when it is suspended
You can activate subscription from here
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Indies Recurring & Rental Payments
Subscription details from “MY ACCOUNT” Subscription details when it is Cancelled
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Indies Recurring & Rental Payments
Subscription Information in Admin Panel
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Indies Recurring & Rental Payments
Go to Recurring & Rental Payments Subscribed, to get subscription information
Admin can see the list of subscribed products here
Subscription can be edited from here
Subscription Information in Admin Panel
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Indies Recurring & Rental PaymentsYou can see all the information regarding subscription
You can activate or deactivate profile from hereSubscription Information in Admin Panel
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Indies Recurring & Rental Payments
Payment details at admin
Subscription Information in Admin Panel
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Indies Recurring & Rental PaymentsYou can see order detailsSubscription Information in Admin Panel
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Indies Recurring & Rental PaymentsCustomers can subscribe to products/services and pay per use
Email: service@indieswebs.com
Store: www.indieswebs.comOfficial: www.indiesinc.com
37. Thanks
Looking for Payment Solution after the Deal?
Custom Price extension is a Great Solution for you
•Buyer can enter agreedamount of price for the product and system will checkout with entered amount. Everything from your store.
•Manage Order and Payment Easily from your store only
Visit Module: Custom Price Module
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