Advance Adjustment in Bills

Advance Adjustment In Bills

ADVANCE ADJUSTMENT IN BILLS

ACCOXI facilitates a feature for the user to adjust the advance payments. If the user paid any advance payments to the supplier user can adjust this advance amount to the bills.

This can applied in the Bills view window => more option => advance adjustment. 

 

Steps to apply advance adjustment

  • The first step is to make an advance payment to the supplier this can be done through => purchase module =>select payments made =>supplier advance
  • After setting up an advance payment make a bill with the supplier and in the bills view option Select advance adjustment from the more option
  • Then an advance adjustment window will pop up with the advances made details with the supplier
  • Then enter the adjustment amount and click ok to save the changes

Advance Adjustment

 

Fields

Description

#

The serial number of the data in the table

Total amount

The total amount of the bill is visible in this area

Voucher no

The voucher number of advance is automatically appeared

voucher date

The date of the advance payment is appeared here

Amount

The amount paid in advance to the supplier will be visible in here

Balance

If any adjustments made in the past that amount will be reduced and the remaining balance of advance will be visible in this column

Adjustment amount

Enter the amount to be adjusted in the bill

 

Amount

Shows the amount given in the adjustment column

Balance credit

The remaining balance in the bill after adjusting the supplier advance is visible in here

ok

To save the changes

Close

To exit from the window without saving the adjustments made