Associating Retainer Invoice to Invoice

When the product is ready to be delivered or if a service is rendered, you would create an invoice to collect payments from your customer. The advance payment collected before starting the project can be applied to the invoices you create. This will adjust the invoice so that the customer will only have to pay the remaining amount. In this page, you will learn about:

Applying Retainer Invoice to Multiple Invoices

In a business, there are cases where the customer would have paid a one time advance for multiple services, which can be later adjusted with future invoices.

In such cases,

Retainer to Multiple Invoice

Fields Description
Balance The amount collected from your customer.
Invoice Amount The total invoice amount raised for the customer.
Invoice Balance The final amount to be paid after deducting advance payments.
Amount The amount to be applied from the Balance available.
Retainer Amount Available Available retainer after the Balance is applied for invoices.

All the retainer transaction details will be displayed for a quick view at the top of the selected retainer invoice. You can either Edit or Delete the transaction from the icons present next to them.

Quick View

Associating Multiple Retainers to Invoice

Sometimes there might be multiple retainers payments collected from your customer which are not yet used, but were collected for the future. Your customer might wish to use these unused retainers for a Unpaid invoices or for a future invoice.

In such cases,

Use Retainers

Applying Retainer

Adjustment in Invoice

See Also:
Retainer Invoice in Projects
Back to Retainer Invoice Overview

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