Advanced payments in A/R

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Advanced payments in A/R

If you receive an advanced payment or deposit in accounts receivable and want to show the deposit as a credit in accounts receivable you can do the following steps.
1. From the Accounts Receivable Module - Data Entry "Ribbon" choose the Add or Edit Customer Invoices Module step.
2. Select the customer and then enter the deposit as an invoice with a negative split amount.
3. The invoice would then show as a credit memo in accounts receivable and could be used as payment against future invoices for this customer.