Allocate Prepayment with Purchase Invoice

After creating a purchase invoice be able to allocate a deposit with invoice that belongs to the same supplier.

• Open an invoice in “Waiting Payment”  and click the link “Credit this invoice”

• The system will link to allocated credit to invoice and show all pre payments that relate to this invoice. Be able to allocate with all payments or select some payments by deleting unused lines. Enter Date Allocate and allocated amount and click Allocate credit

• In the invoice, it shows the allocated amount by pre-payments. And computes a new due amount or the remaining amount to pay

• After completion, the journal entry allocation is created. Search by date allocate and narration is allocated.

• Example journal entry allocate prepayment with Purchase Invoice.