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    • Advance Payment Handling in Sales Order and AR

    in Receivables & Collections

    Scenario:

    A customer XYZ places a sales order worth 100k$ for items A, B, and C and makes an advance payment of 20% (20k$) in AR Transactions. Algihaz has the following requirements and questions:
    1- Advance Payment Submission:- Can we submit an advance payment directly from the sales order to AR?- Can it be specified as a percentage (20%) or only as a fixed amount (20k$)?- How is the advance payment reflected in the sales order?
    2-Advance Payment Without Item Details:- Can the 20% (20k$) advance payment be recorded in the sales order / AR Invoice without associating it with specific items?- The requirement is to record only a total of 20k$ in order management / AR Invoice without specifying items.

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