Click Accounts receivable> Common Forms> Customer Detailsto open the Customersform.
Select the customer account, and click Functions> Facture and payment settlementto open the Facture and payment settlementform.
Select the Markcheck box for the transaction, and click Update.
After the transaction is settled, the payment amount from the advances received subaccount is transferred to the debtor debts subaccount. The VAT amount accrued from the advance payment is reversed.
To view accounting transactions, click Accounts receivable> Common Forms> Customer Details> Transactions> Voucher. The reversed advance is displayed in the Purchase book (Incoming VAT processing)form. After VAT is processed and the sales book lines are refreshed, a reverse entry for the customer advance payment is displayed in the purchase book.