You can't directly "enable" customer advance payments in Zoho Books. However, you can create invoices that allow customers to pay in advance. Here's how:
Creating Invoices for Advance Payments
- Create a New Invoice: In Zoho Books, go to the "Invoices" section and click "Create Invoice."
- Add Invoice Items: Include the products or services your customer will be paying for in advance.
- Set Payment Terms: Under "Payment Terms," select "Due on Receipt" or a similar option.
- Add a Note: In the "Notes" section, clearly explain that this invoice is for an advance payment. Specify the reason for the advance and the services or goods it covers.
- Save the Invoice: Save the invoice and send it to your customer.
Additional Tips
- Use Clear Language: Make sure your invoice clearly states that this is an advance payment and explains the reason behind it.
- Track Advance Payments: Make sure to track the advance payments separately in your accounting software.
- Adjust Future Invoices: When you issue invoices for the actual services or goods, adjust the amount due to reflect the advance payment.
By following these steps, you can effectively manage advance payments in Zoho Books.
