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TOPIC: Applying Prepayment to an Invoice
#1080
gavrobere (User)
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Applying Prepayment to an Invoice 15 Years, 9 Months ago  
Hi somebody, help me!

To apply prepayment to an invoice after calculating tax and taking into account everything, do I have to ensure the prepayment amount available is always higher than the final invoice amount to which I intend to apply it to?

If the prepayment amount is less than the invoice amount, can I use the prepayment amount to set off against the invoice amount?

Thank you.
 
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#1103
handsonerp (Admin)
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Re:Applying Prepayment to an Invoice 15 Years, 8 Months ago  
If the prepayment is applied to the invoice and there is still some unpaid amount left in the invoice, then the status will change to partially paid. You can pay the rest using other methods or apply more prepayments. If you fully apply the prepayment then the status will change to paid. I will cover the details in the videos.
 
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