1. Using Payables Invoice to Pay
  2. What happens to the available funds when I apply a prepayment that requires budgetary control?

What happens to the available funds when I apply a prepayment that requires budgetary control?

Applying a prepayment to an invoice increases the available funds.

For example:

  1. Create a prepayment for 100 USD.

  2. Validate the prepayment to consume the budget and reduce available funds for the prepayment account.

  3. Pay the prepayment.

  4. Create an invoice for 300 USD.

  5. Validate the invoice to consume the budget and reduce available funds from expense accounts used in the invoice.

  6. Apply the prepayment to the invoice and revalidate, which releases funds of 100 USD from the prepayment account.

In summary, the prepayment application releases funds of 100 USD and the invoice consumes funds of 300 USD, with a net decrease to available funds of 200 USD.