Advance billing in sales

gaurav007

Hi all.....


There is the situation where
Client want to do the advance billing for sales..
E.g. He will dispatch the inventory on 02/09/09....
But he post the Bill on 15/08/09.
17 days befor....

Is any option is there to do this situation in NVA2009


Regards
Gaurav Anand :-k

hari_hh

you could utilize prepayment functionality of NAV2009. This way, the amount is shown as advance received from client and when the actual despatch takes place, reversal entry and regular sales entry will happen.

jannestig

Look at changing the shipping date and delivery date on the sales Order.

You can then invoice the order with shipment but the shipment is not shown being due until later.

You can also change the posting date for the shipment then shippment has a posting date of 090902 then change the posting date for the invoice to 090815

Have at look at both options study the impacts on inventory and inventory values and then implement

chengalasettyvsrao

gaurav007 wrote:

Hi all.....


There is the situation where
Client want to do the advance billing for sales..
E.g. He will dispatch the inventory on 02/09/09....
But he post the Bill on 15/08/09.
17 days befor....

Is any option is there to do this situation in NVA2009

It is possible in Nav 2009.


Create the new customer and define the prepayment % in Invocing Tab.
Create the new item and define the Prepayment % in Item card

Create a sales order with that customer and Item with a prepayment requirement.

Create the prepayment sales invoice

System will create the customer ledger entryonly (no item ledger entries).

Send a prepayment invoice for the prepayment amount to that customer.

The customer pays the prepayment amount.

Apply the prepayment amount to that prepayment invoice .

Ship the order to the customer.

Create a sales invoice for the total amount of the sales order minus the prepayment amount.

Receive payment from the customer and post the payment to the sales order.

jannestig

Prepayment is based on the assumption you must pay the bill before you ship.

SO if this is correct use prepayment otherwise look at the other options i suggested

mhu

actully i don't like the prepayment functionality in standard navision, I just want to register a payment and link it to a sales order, i don't want system post a invoice for prepayment and reverse it later.

ssingla

mhu wrote:

actully i don't like the prepayment functionality in standard navision, I just want to register a payment and link it to a sales order, i don't want system post a invoice for prepayment and reverse it later.

You need to customize to acheive it. Further It will create problems if Purchase Invoice option is used to invoice the shipment.