D365 - Sales Order Prepayment and settlement (VM/Update 11)

The following steps explain how to link prepayment with sales order and settle as well:

1- Create new sales order

2- Fill the sales order details (Customer, Item, Qty, Price, Etc...)

3- Next, to check on prepayment status, go to sell tab then click the prepayment.

4- The "Total balance" refer to sales order remaining balance and "Amount in transaction currency" refer to prepayment amount as you noticed this sales order doesn't have any prepayment transaction so far.

5- To link prepayment with this sales order, Copy or write down the sales order number and customer code. In this scenario "000861" is the SO number and customer code is ‘RamPrakash’

6- Create a new Payment Journal.

7- Select the 000861 Sale order customer account code (RamPrakash) under account name, fill the prepayment amount under the credit "300" field and specify the SO number” 000861 “in the “PAYMENT REFERENCE” field

Payment reference, is the link in between prepayment and the relevant Sales order.

And prepayment journal voucher = Yes, under the payment tab.

8- Post the prepayment journal

9- Go back the sales order (000861) and see the update.

Click prepayment. Can view the "Total Balance" Show the sales order remaining balance (1300-300=1000) and “Amount in transaction currency" show the prepayment amount (300).

10- Marked the prepayment line check box before Sale invoice

11- Click 'Yes'

12. Post the sale invoice

13. Cross check the sale transaction under the customer master