For Advance Against Expenses

In business, we might come across a scenario where we make some advance payments to suppliers which get adjusted later when the supplier sends a bill.

Step 1> Go to “Payment” under “Expense” tab.

Step 2> Click on “Add Payment” button.

Step 3 > Select for advance against bill in payment type.

Step 4 >Now select Payment Method.

Step 5 > Select the Date.

Step 6 > Select Vendor.

Step 7 > Select relevant Bank/Cash

Step 8 > Enter advance amount which you paid to supplier.

Step 9 > Click “save.