Hello,
Pls i need some assistance on how to process part payments for outstanding invoices or bills for instances were the customer has made a part payment or we have have paid the supplier an amount less than the total bill.
Kind Regards,
Hi,
For Example:-
if you make sale invoice with Rs- 1000
-First time your Out standing is -1000 when you make half payment for Rs-500
then Outstanding Become 500 .
-Next time ,you can make remaining payment from sales Invoice.
OR
While creating JV ,you select “Reference Type” and “Reference Name”
and enter Details.
-Or You Can create “Advance Payment” entry also…
https://frappe.github.io/erpnext/user/manual/en/accounts/advance-payment-entry.html