Entering a Prepayment with an Invoice
You can add one prepayment with each invoice you enter in an invoice batch.
Note: Although you enter the prepayment through the Invoice Entry screen, you actually add it to a payment batch.
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Enter an invoice using the A/P Invoice Entry screen.
The Prepay button, used to enter prepayments, is available only after you add the invoice.
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Decide which payment batch to use for the prepayment.
To add a prepayment with an invoice:
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Accounts Payable > A/P Transactions > Invoice Entry.
- Select the open batch that contains the invoice you are prepaying, or to which you want to add the invoice.
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Select the existing invoice that you are prepaying.
If the invoice does not yet exist, enter the invoice information, and then click Add or Save.
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Click Prepay.
The Prepayments screen appears.
- In the Batch Number field, type the number of the payment batch to which to add the prepayment, or use the Finder to select the batch.
To create a new payment batch, click the New button beside the Batch Number field, then enter a description and a date for the batch.
- Fill in the remaining fields in the screen, as you would for any prepament.
- Click the Add button to add the prepayment.
Note: You can add only one prepayment per invoice.
Tip: To cancel a prepayment before you have processed it, click Close without first clicking Add, then click Yes at the message that appears.
- Click Close.
You can edit the prepayment in the Payment Entry screen after you post the invoice.