Quotations, pricelists and invoicing policy

Quotation templates, optional products, pricelists and discounts, payment terms, invoicing policy and down payments.

In this lesson

From quotation to order
Pricelists, discounts and payment terms
Invoicing policy and down payments

Key points

sale.order: quotation → confirmed order; portal sign and pay
Pricelists by group, quantity, date, currency; unified engine in Odoo 20
Payment terms create due dates
Invoicing policy: ordered vs delivered; down payments deducted later

Real-world example

A Lagos furniture maker couldn't invoice deposits: products were set to invoice on delivered quantities and nothing had shipped. The consultant used down payments (40%) on confirmed orders, kept delivered-quantity invoicing for the balance, and added a payment term of 40% now and 60% on delivery.

Questions and answers

Where does the portal 'Sign & Pay' come from?

Online signature and payment options in Sales settings plus a payment provider.

What does a quotation template's 'optional products' do?

Shows add-ons the customer can add from the portal.

Read the full lesson, worked example and quiz