Summary
Learn how deposit payment stages work and how to add, save, and complete each stage correctly.
This article covers:
About deposit payment stages
Deposit payment stages allow you to break a buyer’s deposit into multiple payments for a project listing that has been marked as sold or not settled. Each stage represents a portion of the total deposit, with its own amount and due date.
Add deposit payment stages
Once a project listing is marked as sold/not settled, you can add up to four deposit payment stages.
To add deposit payment stages:
- Go to: Sales > Projects
- Open the relevant project listing
- Confirm the listing status is set to sold/not settled
- Click the Sale Details tab
- Scroll to Deposit Stages
- Enter the deposit amount and due date for the first stage
- Click + Add deposit to create another stage
- Repeat this step until all required stages are added
- Click Save Deposit Stages
Note: You can add a maximum of four deposit payment stages per project listing.
Mark a deposit stage as paid
When payment is received for a deposit stage, update its status so records remain accurate.
- Locate the relevant deposit stage
- Enter the amount into Received Deposit Amount
- Click Fully pay this stage