Prepayment in Order Management
user11969595
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A prepayment is payment in advance of the delivery of goods or services.
Receivable creates prepayments as receipts before the related invoices are created. Later, a business event from your feeder system triggers the invoicing process in Receivables, and AutoInvoice process matches the prepaid receipts to their related invoices.
The creation of prepayment receipts and the subsequent application to
Matching prepaid invoices is a process that occurs without user intervention.
Note: You cannot manually create prepayments in Receivables.
Instead, your feeder system initiates the creation of prepayments in Receivables.
For example Prepaid Credit Card Receipts initiated from Order Management0 -
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