Many B2B businesses collect a percentage up front to kick off an order and the rest on delivery or on credit. Cord handles this natively: you set a deposit and Cord splits the charge into two parts automatically.
How to request a deposit
- When creating a quote, in the right sidebar enter the deposit % (for example, 50%).
- The editor shows you live how much your client will pay on approval and how much will be left as balance.
- Save and send the quote as usual.
[!NOTE] If your business almost always asks for the same deposit, set it as a default under Settings → Quotes. Every new quote will be pre-filled with that percentage (you can change or remove it per quote).
What your client sees
On the public link, your client sees the full breakdown from the start: the total, how much they pay today as a deposit, and how much is left as balance with its due date. On approval:
- The deposit is payable immediately (card or SPEI, straight to your bank).
- The balance stays pending. If the quote is cash, it’s also payable right away; if it’s on credit (Net 30/60), the balance can be paid once the due date arrives.
Each part is an independent charge with its own payment link. The quote is marked as paid only once no charge remains pending.
Tax note
The deposit and balance are a collection tool, not automatic invoicing. Cord does not by itself generate the Payment Receipt Complement (REP) for each installment. Check with your accountant on the correct tax treatment depending on whether your operation is a true advance payment or a payment in installments. See also Invoicing deposits.