Advance Receipt

Many times, advance payments are made during normal trade. Such advances are adjusted against future invoices from the customer.

Step 1 > Go to “Receipt “under “Income tab”.

Step 2 > Click on “Add receipt.

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

Step 4> Now select Payment method.

Step 5> Now select the date.

Step 6> Select relevant Bank/Cash

Step 7> Enter the Amount.

Step 8> Select the customer from the drop-down menu.

Step 9> Add a note for your reference.