How to record advance payment for a vendor on the web

Select the “Vendors” option from the dashboard on the left.

Select or search for the vendor for whom you want to record the payment.

Click on the “Ledger” option present at the end of the vendor column.

Now, click on the “You Gave” option present at the bottom of the pop-up.

A new form appears. Enter the amount sent, payment date, payment mode, and bank.

You can also add notes

Now, click on the “Add Payment” option present at the top right corner of the screen.

Congratulations! You have successfully added the amount you sent to the vendor and a pop-up appears at the top of the screen informing the same.

Now, close the earlier form and go to "Purchases," present on the left-hand side of the dashboard. After clicking on “Purchases”, a drop-down menu appears.

Select the “Purchases” option from the drop-down menu.

Select or search for the purchase invoice for which you want to record an advance payment and click on the rupee icon at the end of the invoice column.

A new form appears. Here, select the tick box near “Settle From Advance Payments”.

Note: You can also view or edit the payment details by clicking on the drop-down button near the “Payment Details” option.

Now, click on the “Update Payment” option present at the top right corner of the screen.

Congratulations! You have successfully recorded your vendor payment from advance payments and a pop-up appears on top of the screen informing the same.

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