How to Calculate Tax on AR Advance (Doc ID 2490090.1)

Last updated on NOVEMBER 27, 2023

Applies to:

Goal

To create one or more invoices with tax lines to be sent to customers for the prepayment amount to be paid on completing certain percentage of the customer order before fulfillment. The revenue is not recognized immediately. This prepayment should be offset from the final invoice created post fulfillment of the order to have only the outstanding balance as due from customer.

Solution

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