Customer prepayment in Microsoft Dynamics 365 Finance and Operations one version D365FO

Customer prepayment in Microsoft Dynamics 365 Finance and Operations one version D365FO

mostly done by taking a payment from the customer and applying the same on SO rather than prepayment way of separating the posting to GL summary account

• AR prepayment (deposit) 
  • Create SO
  • Create New customer payment journal with sales tax included checked
  • Post a prepayment journal (posting profile should be of prepayment and prepayment checkbox checked
  • From SO Use settle transactions to apply this prepayment
  • Upon SO invoicing the outstanding on the invoice is zero