Payments and banking · Guide 108 of 624

Advance payments

Record deposits and advances in RockifyERP before an invoice exists. Apply them to the invoice when it is raised.

How to do it in RockifyERP

Create a Payment Entry of type Receive (from customers) or Pay (to suppliers) without choosing an invoice.
Link it to the sales or purchase order if there is one.
When the invoice is created, RockifyERP offers the advance under Get Advances. Allocate it and submit.

Tip: Advances show in the customer’s or supplier’s balance straight away, so statements stay accurate.

Need more help with RockifyERP?

Can’t find what you’re looking for? The RockifyERP support team can walk you through it. Contact RockifyERP support.