Setting off the advance payment with the payment

Hi,
when i run the F110 for payment say for XX vendor suppose there is a advance given to him before i want to set off that from the Vendor balance at that time, is there ant possibility for that?
Gayani

Hello,
Yes, you can set off advance payments against your invoices. You need to do is configuration will do for advances is nothing but sp.gl transactions.
Ex: Adv given for 50,000 against inv for 1,00,000/-. while paying rest of the bal you have to pay 50000/- and system will also remind you there is a advance. You need to do is in F-44 you have to clear open item for advances
try this if u have any querry pl revert
thanks
Para

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Setting off the advance payment with the payment

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