Prepaid Payments

Prepaid payments are usually made before the goods are purchased.

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

Use the PrepaidPayments element to model prepaid payments.

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Caution

Saudi Arabia does not use the PrepaidPayments. This is explained in the Saudi Arabia: Prepayment Amounts topic.

Elements

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

Country-Specific Examples

Example

<Invoice>
    <!-- code omitted for clarity -->
    <cac:PrepaidPayment>
        <cbc:ID>XYZ9999999999</cbc:ID>
        <cbc:PaidAmount>3000.00</cbc:PaidAmount>
        <cbc:ReceivedDate>2024-11-01</cbc:ReceivedDate>
    </cac:PrepaidPayment>
    <!-- code omitted for clarity -->
</Invoice>