Subsidy Sale in Odoo

Subsidy sale is a benefit provided to a person, company, or institution, usually provided by the government or any other authority. The purpose of the Subsidy is normally to relieve the recipient from some of the financial burden of covering the full cost. In Subsidy sale, partial Amount will be paid by the customer while the remaining amount will be paid by any other agent or authority.

There are 2 types of sales involved : 
1) Credit Sales
2) Agent Involved Sales

Either the customer can proceed with the partial payment or an Agent will be involved in the payment process, where the remaining amount will be paid by the Agent.

Credit Sales

If the customer is ready to pay only a partial amount from the total amount, it is considered as a Credit Sale facility.

First, let’s Create a Sale Order

When we create a Sale Order, there is a field  ‘Collection From Customer’ under Paying Agents, where we can add the amount that the customer is willing to pay.

Here we can add the customer’s desired payment amount and a Remark.

Here, the customer agrees to pay $17,000 out of a total of $34,000, with the balance to be paid later.

Now we can Confirm the order. Click on Direct Sale on top.

Here also the sale is permitted.

As we know, for Direct Sale, both Invoice and Delivery order will be created simultaneously.

Here the corresponding Delivery order and Invoice are created.

Delivery Order

Invoice

We could see that the invoice is partially paid, indicating that the customer had only made a partial payment and the remaining balance is still owed.

In the Amount Section, we could see the Total Amount, the customer Paid Amount and the Due Amount.
ie, here  the total amount is ₹34000 out of which the paid amount is ₹17000 and the amount due is ₹17000.

At the same time there will be a Journal Entry created.

Here we could see the Cash is credited and the Debtors are debited.

Agent Involved Sales

Another process for the subsidy scheme is that the partial bill will be paid by an Agent. If there is a subsidy scheme available, there will be a Paying Agent involved.

Here sometimes the customer is paying a particular amount and the rest of the amount will be paid by an Agent.
The agent name will be listed under Paying Agents.

We can take an example: 

Here the product we have taken is SAMSUNG GALAXY S22 and the Cash customer here we can say, for example, is a School student who is buying this particular product for academic purposes. In this case, the school will pay a portion of the cost of the product for the student.
Then the Cash Customer will be the student and the Subsidy Agent will be the school Principal.

In the Paying agent, the school Principal’s name will be added and the Account is selected as Debtors account.
Then the amount that the Agent is providing can be added there.

When we select the collection from the Customer Journal filed, the remaining amount that the customer should pay will be automatically depicted there. Remarks can be added.

Here the paying agent is also liable to pay the amount.
Now click on Direct Sale. The corresponding Delivery Order and Invoice are created.

Delivery Order

Invoice

We could see the invoice is fully paid since the remaining amount will be paid by the Agent.

Here we could see ₹15000 is paid by the Agent and the remaining ₹19000 is paid by the customer. So the due amount will be ₹0.00 and the invoice liability is over. At the same time there will be an entry created in Subsidy Journal.

Here the Cash Customer(Student) will be credited.
The liability from the cash customer(Student) is shifted to the paying agent(School Principal).

Conclusion

Subsidy is generally some form of payment provided directly to the receiving individual or business entity. Through Odoo Subsidy Sale, while creating the Sale Order, we are able to give the amount that will be paid by the customer and the agent. It is accomplished in a much easier and quicker way.

In the previous blog, we discussed the Direct Sale Process.
You can refer to the link below to understand the Direct Sale process in detail.
https://zbeanztech.com/direct-sale-in-odoo/