Handling prepayments in a pure cash system

[QFSteve]

Hello @NDG1944

We have a support article from our knowledgebase on How Prepayments and Credits work, it can be found at the link below

Prepayments and credits

Introduction From time to time you may want to assign a prepayment or credit to a client or supplier, without actually allocating it to an invoice. In this guide we will look at how you can assign a credit, hold it on account and assign to an invoice later. In the following example we will look at assigning a client credit. The same principle applies for supplier credits. Adding a New Prepayment From scratch Let's start by locating the client whom you wish to assign the credit to, you can do a …