Advance Refrences in Voucher Entry

Madhavi_Pandey

Hi Experts,
How can i use Advance Refrence for a PartyLedger.
Example-I had received cash from Party in advance next time when i raise Invoice against that Party it will be autometically deduct value from party ledger but i want that type of option through which i am able to select or adjust value against this Invoice or not(how can i differenciat Advance Refrence from other refrence).How can i do it.Suggest me the solution,thanks in advance

chengalasettyvsrao

Journals/ Vourchers does not have that functionality what you are expecting.

What i can suggest is create the order with the type - G/L account and book the inoivce. So later when you receive the payment against this invoice you can adjust.

ssingla

You can have a look at Prepayment functionality or you can use "Apply to" field on the purchase/sales header while posting purchase/sales invoice.