Advance

Advances serve to add an extra 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 is in credit to be used in the future. This extra €50 must be registered as an advance.

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