Invoicing Prepayment Orders

Purpose

To invoice Prepaid Orders.

Procedure

• Prepayment terms are not available in Direct Invoice form.
• If they are on your setup, you have badly defined prepayment terms.
• To issue invoice in prepayment mode:
  • Enter Sales Order first,
  • Then enter received payment
  • Finally issue invoice against the payment in Invoice Prepaid Orders screen.

Prepayment invoices are maintained in this special procedure, as what is invoiced here exactly, is payment received, not the goods sold.