Aedon

Refunding a Sales Payments on Account creates a Sales Refund and uses-up the value of the Payment on Account. Sales Refunds can only be made from Bank Accounts of the same currency as the Payment on Account. A Sales Refunds [...]

Sales Payments on Account must be created manually and cannot be created directly from the Bank Reconciliation. Step-by-Step Process From the Sales Menu, select Payments on Accounts Sub-Menu, and then click New. In the Header Section search for the Customer Account. Edit any [...]

Allocating a Sales Payments on Account to a Sales Invoice, effectively pays that Invoice and uses-up the value of the Payment on Account. Sales Payments on Account can only be applied to Sales Invoices from the same Customer Account, if [...]

The Sales Payment on Account is used to record any monies received from a customer for which there is no invoice to allocate them against. This might be for: an overpayment. a prepayment against a Pro Forma Invoice. a deposit for [...]

Allocating a Sales Credit is essentially the same as paying a Sales Invoice, usually used in instances where work or goods have been cancelled or items have been taken off an invoice. Step-by-Step Process From the Sales Menu, select the Credits Sub-Menu, [...]

Sales Proforma Invoices are generally used when a customer is required to pay in advance and needs to know the details of the payment. Sales Proforma Invoices behave like Sales Invoices, except that that they do not create Ledger Entries. [...]