In this blog, Steps to create an Advance Payment and match the payment with a Purchase Invoice has been explained.
Step 1: Login into Fresa application and select the “Accounts” Module.
Step 2: In Accounts, select the ‘All Vouchers’ menu.”
Step 3: Here, select the Voucher Type as “Payment Voucher” and click on “Create(single)” button.
Step 4: Then, select the Date, Book type, Bank/Cash A/c, FCY Amount (Advance Amount) and Party(vendor), then click Save.
Step 5: After saving, proceed to post the Payment Voucher. This completes the advance payment process.
Step 6: When required, create a Purchase Invoice from the respective Job or Non-Job. Ensure that the Purchase Invoice date is later than the Advance Payment date.
Step 7: On the Purchase Invoice page, click on the “Get OS”.
Step 8: Select the respective Advance Payment voucher created earlier, then click Save.
(If the Purchase Invoice amount is less than the Advance Payment, enter the Purchase Invoice amount in the FCY Amount column)
Step 9: After saving, the selected voucher will appear under the ‘Against’ column.
Step 10: Once the Purchase Invoice is posted, the system will adjust the payable amount. If the advance amount covers the full invoice value, the balance will be zero.
Otherwise, the remaining balance will be displayed.
The above blogs explains, Steps to create an Advance Payment and match the payment with a Purchase Invoice in Fresa Application.
For further clarification, send your queries to support@fresatechnologies.com because our motto is to help customers.
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Fresa Technologies Inc is an independent, neutral and professional software company that provides IT and IT enabled services with focus on providing solutions to Freight forwarding and shipping industries.Fresa Technologies also focus on developing cost effective and efficient Freight Forwarding Software Applications with a user friendly interface and back office solutions. It also focuses on infrastructure and hardware support such as developing & maintaining websites and Mail Services.
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