Applying Advance Payment(receipt) to Agreement
Hi Guys,
Well we have following requirement
At the start of project company request the advance payment from client. So this we doing the following
1) Send the AR Invoice to client for Advance Payment
2) Once the Advance received we create a AR receipt by entering amount received and the customer name (same as the one on the agreement)
3) Set up the receipt to be 'On Account.'
4) In project billing Appy the receipt to the agreement.
SO when we apply the receipt to agreement it applied the whole amount of the advance receipt amount & in the invoice whole advance amount is deducted but the client want to apply only the percenetage or the fixed amount of advance each time they generate the invoice.
Well we have following requirement
At the start of project company request the advance payment from client. So this we doing the following
1) Send the AR Invoice to client for Advance Payment
2) Once the Advance received we create a AR receipt by entering amount received and the customer name (same as the one on the agreement)
3) Set up the receipt to be 'On Account.'
4) In project billing Appy the receipt to the agreement.
SO when we apply the receipt to agreement it applied the whole amount of the advance receipt amount & in the invoice whole advance amount is deducted but the client want to apply only the percenetage or the fixed amount of advance each time they generate the invoice.
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