====== Payment Advance ======

Liberty allows you to enter a payment advance if you want to provide a consignor with a portion of what they are owed, even if they are not yet owed a payment. For example, a payment advance could be entered for a consignor who needs cash before they are due a payment. So if a consignor is owed money at the end of the month but needs funds before then, you would be able to give them an advance.

  - There are two ways to Access the Payment **Advance** wizard. Through Inventory Module, and through the Point Of Sale.
    * In Liberty Inventory, [[tutorial:accountmanagement:lookingupaccount|Lookup]] the account to be paid. \\ {{libertyreact:lib:newitem2140.png|NewItem2140.png}} \\ From the Task menu, select Pay Advance. \\ {{libertyreact:lib:newitem2139.png|NewItem2139.png}}
    * From the POS Hub Select the **More** button. \\ {{libertyreact:lib:newitem2138.png|NewItem2138.png}} \\ Select the Payment **Advance** button. \\ {{libertyreact:lib:newitem2137.png|NewItem2137.png}} \\ The Select Account dialog box will open. Choose your account and select the **OK** button at the bottom. \\ {{libertyreact:lib:newitem2136.png|NewItem2136.png}} \\ The **Payment Advanced** dialog box will open. \\ {{libertyreact:lib:newitem2135.png|NewItem2135.png}}
  - Use the **Payment Account** drop-down to select the account from which you withdrawing funds. \\ {{libertyreact:lib:newitem2134.png|NewItem2134.png}}
  - Enter the **Amount** of the advance. \\ {{libertyreact:lib:newitem2133.png|NewItem2133.png}}
  - Enter in a **Check Fee** if you wish to charge for one. \\ {{libertyreact:lib:newitem2132.png|NewItem2132.png}}
  - Press the **OK** button to continue. \\ {{libertyreact:lib:newitem2131.png|NewItem2131.png}}

===== Post Payments Dialog Fields =====

  * **Payment Amount** : **Amount** to be paid out before fees.
  * **Payout Fee** : The **Amount** deducted from the payout.
  * **Total owed** : The **Amount** paid out after fees.
  * **Deduct From Cash Drawer Check Box** : If making a cash payment, this field can be checked off to take the money from the cash drawer. \\ Note: The **Deduct From Cash Drawer Check Box** will not be accessible if you are doing a check payout. This feature is for Cash Payouts only.
  * **Payment Account** : This is a confirmation of the payment account selected to process the payout.
  * **Payout Numbers** : Number of the payout to either be printed on the check, or assigned to a cash payout. If printing checks, verify the number matches the check you are about to print on. You may need to manually change this number.
  * **Post Payout Without Printing Check Box** : Select this box when checks are to be posted but not printed. An example of when this would be used is when payouts are handwritten.
  * **Printer** : By default this should be the printer you have preconfigured for printing checks. You can change this printer by clicking the drop down menu and selecting the printer you wish to use. \\ {{libertyreact:lib:newitem2130.png|NewItem2130.png}}
  * **Check Type** : If paying by check, select the type of check.
  * **Quickbooks** : **Quickbooks** checks have a check at the top of an 8½ x 11 page, and two stubs below.
  * **Laser/Inkjet** : laser/Inkjet checks have a check in the middle of an 8½ x 11 page, with a stub above and a stub below. \\ Note: Contact Resaleworld to order checks for use with Liberty. Checks ordered from Resaleworld are guaranteed to work with Liberty. Checks ordered from other sources may not work. See Ordering Computer Checks from Resaleworld for more information.
  * **Print Sample** **Button** : Select this to print a sample check. This is useful to make sure checks are lined up and the printer is working properly. (No inventory information will be printed on this sample check).
  - Press the **OK** button to finish the payment, or **Cancel** button to stop and start over. \\ {{libertyreact:lib:newitem2129.png|NewItem2129.png}}
  - You will get a confirmation box making sure the print out printed correctly. Press the **OK** button if it did, press **Cancel** if you need to redo it. \\ {{libertyreact:lib:newitem2128.png|NewItem2128.png}}

If you make a mistake, follow the instructions provided in the section entitled [[payingclients:reversepostedpayment|Reverse a Posted Payment.]]
==== Next Article In Section ====

Click the following link to move to the next article in this section: \\ [[:payingclients:payoneaccount|Pay One Account at a Time]]

==== Related Topics ====

[[payingclients:paymentadvance]]
[[payingclients:payoutsoverview]]
[[payingclients:assessingfeestoaccts]]
[[payingclients:changepaymentacct]]
[[payingclients:reversepostedpayment]]
[[payingclients:amountpayable]]
[[payingclients:checkfeesetup]]
[[payingclients:checkoffsets]]
[[payingclients:clearchecks]]
[[payingclients:combinereconciletrans]]
[[payingclients:creditdebitaccounts]]