Pro-forma Invoices and On-Account payments to Suppliers
Question asked by Arham Syed 1 year ago
Hi, I was wondering if someone can advise me on the following issue regarding Supplier Pro-forma Invoices.
Scenario: Lets assume a Supplier issues a Pro-Forma invoice with X amount . He then requests a partial advance payment 'On Account'. I enter this payment and allocate it to the Pro-forma Invoice number. However later on the supplier issues a final invoice with a different number and different amount Y. (The amount is different often due to actual freight etc charges which are more than the estimated one mentioned in the Pro-forma)
Now the Pro-forma issued earlier by the supplier becomes void.
1- How do i manage the above scenario in Clearbooks? 2- Is there a way to allocate a payment to a supplier 'On Account' and later on allocate it to a particular invoice?
I am not an accountant by profession and really hope someone can guide me on the above issue.