Demo video: Purchase Advance Payment
Problems
In the purchasing process, there will be cases where the business makes advance payments without invoices. Tracking advance payments and invoices to the proper purchase orders carries a high risk of error.
 
Solution
This module records advance payments for purchase orders that have not been invoiced. The system automatically records and links advance payments to purchase orders, making the tracking and reconciliation process easier and more accurate.
 
Key features
- Link payments with purchase orders.
 
- When reconciling payments with the invoice of the linked purchase order
- Invoice interface will display Paid or Partial
 
 
- Display a warning if the payment and invoice are not linked to the same purchase order.
 
 
Editions Supported
- Community Edition
 
 
 
 
							 
								
									
Installation
- Navigate to Apps.
 
- Search with keyword to_purchase_order_advance.
 
- Press Install.
 
 
How it works
Instruction video: Purchase Advance Payment
Create a payment for the purchase order
Navigate to Accounting > Vendors > Payments, create a payment, fill in the vendor, purchase order information, and the amount to pay.
 
 
 
 
								 
							
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