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Layaway

Layaway allows customers to reserve products and pay for them over time with a down payment and scheduled follow-up payments.


Creating a Layaway

  1. Go to Layaway.
  2. Click "Create Layaway".
  3. Fill in the details:
    • Customer: Select an existing member or create one.
    • Items: Add the products being placed on layaway.
    • Down Payment: Collect an initial payment to secure the items.

Each item's price is calculated automatically based on the product record.


Payments

  • The system tracks total amount, amount paid, balance due, and percentage paid.
  • Additional payments can be recorded as the customer returns to pay down their balance.

Status Workflow

StatusMeaning
ActiveLayaway is open and payments are being collected
CompletedFull balance has been paid
CancelledLayaway was cancelled before completion
DefaultedCustomer stopped making payments

Layaway List

The list view shows:

  • Layaway ID
  • Customer name
  • Total amount
  • Amount paid
  • Balance due
  • Percentage paid
  • Current status
  • Created date

Tips

  • Collect a reasonable down payment to reduce the risk of defaults.
  • Review active layaways regularly to follow up on outstanding balances.
  • Item-level discounts can be applied when creating the layaway.