Guest Account – the system does not require a customer account to be created. Default guest account will be used instead.
Predefined Customer – the system uses predefined customer.
Create New – a new customer will be created in Magento.
Order Creation Rules
Create Magento Order When - determines the conditions which should be met to create a Magento order. You can select from:
If you set to create the Magento Orders Immediately, the Automatic Cancellation option becomes available.
In case you enable this option and set the period of Cancellation, Magento Orders, which were not paid in a definite time interval, will be canceled automatically.
On the other hand, if any other option is selected for Create Magento Order When function(Checkout is Completed, Payment is Received, etc.), the Reserve Quantity option becomes available.
This option reduces the Magento Product Inventory immediately when the eBay sale occurs in the marketplace and creates a "reserve" inventory that will be used when the Magento order is created upon payment. If the Order does not complete (receive payment) within your "reserve period" then the order is canceled and the inventory is put back into the Magento Product.