Create up-front payments for customers
Question:
How can I record an up-front customer payment for goods that will be received at a later date? How can I then apply that upfront payment so it will cancel out their A/R balance due?
Answer:
The best way to record this is through an A/R Down Payment invoice. The following video covers the process for recording up-front customer payments using A/R Down Payment invoices in OBeer.
The 1st half of the video covers how to use A/R Down Payment invoice and the 2nd half covers troubleshooting a commonly made error with A/R Down Payments.
You can also follow this link to a basic How-to overview document on A/R Down Payments: Receive a Down Payment for Goods