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Order to Cash Process
Manage all the activities related to the customer cycle: from the sales quotation to the receipt of payment.
Creating a Settlement for an Advance Invoice
You need to settle your mixed payment with your advance invoice.

Order to Cash Process
Manage all the activities related to the customer cycle: from the sales quotation to the receipt of payment.
- Sales Quotation
  The sales quotation is the first step to create external documents and send an offer to a customer.
- Customer Order
  You need to create a customer order: this process enables to group information and actions about your sales with your customer.
- Invoice
  After the delivery, you need to create an invoice for the customer. The invoice displays all the details about the product or service sold to the customer.
- Creating an Instant Invoice
- Credit Note
  The credit note is used to correct an error or change an element in an invoice already sent.
- Return Material Authorization
  Use this process when taking back defective products from the customers.
- Mixed Payment for Customer
  Once you receive a payment from a customer in your bank, you have to register it as a mixed payment in IFS Cloud.
- Creating a Customer Settlement
  If you have not matched your payment(s) with the corresponding invoice(s), through the process topics/t-MatchingMixedPaymentwithExistingTransactionsCustomer.html, you can do a settlement.
- Advance Invoice
  In case you need to get paid before the delivery of a customer order, you need to use the advance invoice functionality in IFS Cloud.
- Creating a Settlement for an Advance Invoice
  You need to settle your mixed payment with your advance invoice.
- Managing Product Rentals
  The following processes explain how to manage short-term or long-term product rentals.
- Credit Management
- Statistics and Reporting

Creating a Settlement for an Advance Invoice

You need to settle your mixed payment with your advance invoice.

You need to have approved the mixed payment for an advance invoice but you must not have matched it with the invoice.

To perform this process, you have to create a new mixed payment, then match the payment already registered with the advance invoice.

Creating a New Mixed Payment

Go to Financials > Cash Book > Mixed Payment.
Click New +.
Select the Cash Account.
Click Save.

Matching the Payment with the Invoice

Go to the tab Transactions.
Click New +.
Fill the following fields:
1. Payment Transaction Type: for a customer payment, select Enter Customer Payment.
2. Payer/Payee Identity: enter your customer.
3. Amount: you need to enter 0.
Note:
You need to enter a null amount to prevent a new payment to be registered, since it has already been registered before.
Select your line, click the three dots and click Edit Transactions.

A new page appears.
In the area Matched Transactions Details, click Select Multiple Invoices/Prepayments.

A pane appears.
Select the advance invoice and the mixed payment already registered to match them and click OK.
To go back to your mixed payment: click Back.
To close your mixed payment, click Approve in the header.