How to create and apply a Prepayment to a Purchase Order

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Tip of the Day: In Microsoft Dynamics D365 Finance and Supply Chain, it is quick and easy to create and apply the Prepayment to a Purchase Order. This process involves setting up a prepayment invoice linked to a specific purchase order, which allows you to record and track advance payments made to vendors.

In the video, I demonstrate how to configure the prepayment parameters, enter the prepayment amount, and apply the payment so that it is reflected against the purchase order. This ensures your financial records are accurate and provides visibility into outstanding prepayments, streamlining vendor management and procurement workflows.

Until next time, keep your head in the cloud, and keep working wise!

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