• AR prepayment  is a payment made in  advance  or deposit amount received from the customer.
  •  When the AR Prepayment item is eventually consumed, the prepaid expenses account is credited.
  • AR Prepayment can be used in sales order–>sales invoice–>cash receipt journal.

Step 1: Go to Finance >>AR >> AR Prepayment.

Step 2:Hit on (+) to create new document.

Step 3:select the customer code , then select the payment method and payment code from the dropdown.

Step 4: Select Acc Charge Code from drop down then give the line amount.

Step 5: select post from the drop down then click GO.

Step 6: click on post.



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