Prepayments

Prepayment allows a customer to deposit funds that are set aside for purchases to be made at a later date. The funds are kept separate from the customer's regular account and prepaid funds are used up as product is taken that qualifies as a prepayment purchase. Work orders can be created to help with planning and tracking prepaid purchases.

Note

You may be accustomed to referring to a customer's “prepayment plan.” In agrē, all prepaid items on active work orders make up the grower’s prepayment plan.

What you'll find:

Prepayments Overview

Prepayment Deposits

Prepaid Items on Work Orders

Purchasing Prepaid Items

Transferring Funds from Prepayment Accounts to Regular Accounts

Prepayment Adjustments

Using a Prepaid Price Level

Note

You can run a Customer Prepayment report to view a customer’s prepayment activity.