Prepayments for Sales invoices
Our biggest Customer asked if he could pay a weekly amount to smooth out cashflow. We have discussed the to receive payments weekly and than apply to Invoices as they occur and send out Statement...
Forum Discussion
Hi birtheLH
A prepayment is a payment received from a customer before you've issued an invoice. To handle this in AccountRight, create a credit note for the prepayment amount. You can then create an invoice to reflect what the customer has made the prepayment for. See this helpful article about customer prepayments to assist you with this. Let me know if you need further help!
Kind regards,
Shella
