Xero | Create and Apply Prepayments and Overpayments in Xero 

Find out more about how Kolleno integrates with Xero, and can improve your operational efficiency 👉 www.kolleno.com/ar-management...
In this video, I show you how to handle prepayments or overpayments in Xero, which is when you've received money from a customer but haven't applied it to an invoice yet.
Watch as I demonstrate the easy steps of receiving money, selecting an account, and categorizing it as a prepayment or overpayment. I also guide you through the process of allocating this money to the correct invoices, either in full or partial amounts.
This feature is extremely handy when customers pay in advance or make a mistake in payment, and it's super simple to use. Don’t miss out on these valuable tips to manage your finances more efficiently!
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