Prepaid Payments

Prepaid payments are usually made before the goods are purchased.

Prepaid payments can refer to the amount that has already been made in another invoice.

Use the PrepaidPayments element to model prepaid payments.

Elements

ElementDescription
PrepaidPayment/IDSpecify an identifier for the prepaid payment.
PrepaidPayment/PaidAmountThe amount of the prepayment and
PrepaidPayment/PaidAmount [@currencyID]The currency code. It must match the value in the DocumentCurrencyCode element.
PrepaidPayment/PaidDateThe date the prepayment was paid.
PrepaidPayment/PaidTimeThe time the prepayment was paid.

Example

</cac:PaymentTerms>
  	<cac:PrepaidPayment>
  		<cbc:ID>E12345678912</cbc:ID>
  		<cbc:PaidAmount currencyID="MYR">100.00</cbc:PaidAmount>
  		<cbc:ReceivedDate>2024-10-26</cbc:ReceivedDate>
  	</cac:PrepaidPayment>