Advance

Advance - Kyrios ChMS

Advances serve to add an additional amount delivered by an entity (individual form).

An example is when an entity, to pay for example an amount of €50, delivers €100 and indicates that the remaining €50 remains in credit to be used in the future. This extra €50 must be registered as an advance.

This way, a positive balance of €50 will remain in the current account to be deducted from future transactions.