How do I VOID/Close an Advance Billing/Deposit Invoice? [FAQ]

Create a new regular client invoice that matches the setup of the advance bill (same Client, Amount, Project, etc).

1. Add a Line on the new invoice for the amount of the Advance. Populate the GL Account to a Sales Account (remember the account used).
2. Apply this new invoice to the advance bill. This will reduce the Unapplied Amount to $0. Post the invoice.
3. Open the Advance Bill. Make sure it's Posted. Then click on Write Off.
4. A new invoice will appear with the line going to your bad debt account. The open amount of the advance is now reduced to $0.
5. Change the GL Account to match the account used on the new invoice from step 2. Post the invoice.
6. You are now done. Ensure all three invoices are posted for these to reflect on your Financial Reports.

Please review Advance Bill Invoices for further details regarding this topic.