8 Replies Latest reply: Feb 7, 2010 4:52 PM by Iftikhar Abbasi RSS

How to create customer advance against Invoice.

Manish Chaturvedi
Currently Being Moderated

Hi

 

       

      I have one scenario.

         Unit Price = 2,25000

         B.E.D = 18000

         Cess = 540

         Vat 2% = 4871

 

         Advance Payment = 70,000.

         Balance = 178411.

 

        I created Sales Order , then Down Payment Invoice . In DPM i enter 70000 or 31.1% then it shows Balance Due = 90310, Tax 20310. which is wrong i think.

 

But if i enter DPM = 100% and then click on Payment Means & enter 70,000 then it shows Balance Due = 178411. But when i create A/R Invoice then it gives message "One or more down payments that are linked to base documents have not been paid.

What step i am missing in this case.

 

Last i want to know what is DPM in A/R Down Payment Invoice. Is this is used for entering advance payment.

 

Thanks in Advance.

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