The Advanced Balance feature in BillBook helps you track prepaid amounts from customers and suppliers. You can use this balance for future sales or purchases, ensuring smooth transactions! 🚀

📌 What is an Advanced Balance? #

✅ Advanced Balance (to Customers) 💵

• The total amount your business owes to customers (e.g., refunds, prepayments).

✅ Advanced Balance (to Suppliers) 🏭

• The total amount suppliers owe to your business (e.g., prepaid orders, deposits).

➕ Adding an Advanced Balance #

✅ Go to → Contacts → Customers/Suppliers
✅ Click on the “Actions” button next to the contact.
✅ Click “Pay” to open the Add Payment popup.
✅ Enter the amount to be added as an advanced balance. 💰
✅ Click “Save” 💾

Now, this amount will be recorded in the customer/supplier account and can be used for future transactions.

🛍️ Making Sales or Purchases Using Advanced Balance #

Once an advanced balance is added, you can use it while making a sale or purchase.

✅ Create a new Sale/Purchase 🛒
✅ Select the Customer or Supplier with an advanced balance.
✅ In the Payment Section, choose the “Advanced Balance” option.
✅ Click “Save” to complete the transaction.

📌 The payment will automatically deduct from the existing advanced balance!

With BillBook’s Advanced Balance feature, handling prepaid amounts, refunds, and prepayments has never been easier! 🎉💰

Let me know if you need any refinements! 😊