Record a Prepayment

• You can record a Prepayment when a payment is made in advance of : 
  • An invoice being raised for your customer.  
  • A bill being received from your supplier. 

• Clickentry allows you to enter a prepayment in your bank account or during bank reconciliation, as a type of Spend Money or Receive Money transaction. 

About Prepayments in Clickentry 

Clickentrt does not have the provision of multi-currency for prepayments. It only allows prepayments in bank accounts that are in your base currency. 

Add a Prepayment in your Bank Account 

Follow this way if prepayment has not yet come through to your Clickentry bank account. 

1. In the Account menu, select Bank Accounts. 

2. Go to the required bank account and click on Manage Account. 

3. Select Receive Money or Spend Money option. 

4. Select the Prepayment option from the given Payment options at the top right. 

5. Enter the required information in the transaction fields. 

6. Click on the Save button.  

When the prepayment gets recorded in your Clickentry bank account, you can reconcile it to this transaction. 

Add a Prepayment During Bank Reconciliation 

If the prepayment has been recorded to your Clickentry bank account then you can create the matching transaction this way. 

1. Open the bank reconciliation screen. 

2. Click on the Add Details button next to the bank statement line you want to reconcile. 

3. Next to Received as or Spent as, select the Prepayment option. 

4. Enter all the transaction details in the transaction fields.  

5. Click on the Save Transaction button. 

6. Now click on Reconcile.