Magento 2 – Sell on Credit to Business Customers – Is this possible?

Hey Magento Fam,

Back again requesting some help. My partner recently came with a out of left field request to me.

He mentioned that often other shop owners will come to our retail store and buy product from us on ‘Credit’ which means that they will pay us for it in 30 days. It is a fairly common practice in India so that our stock keeps rotating out and the brands we carry get spread in the market.

As we are thinking of using Magento for our POS software I was wondering if there is any way to make this happen in Magento where the order is almost akin to an IOU so that when we need to settle payments with the other shop owner we can tell them how much they owe us.

Thanks in advance!