How do I record an advance payment I’ve made to a vendor?

To record an advance payment for a vendor:

• Go to Purchases on the left sidebar and select Payments Made.
• Click + New at the top right corner of the page.
• Go to the Vendor Advance tab and select the vendor for whom you want to record an advance payment.
• Enter the necessary details and click Save.

With this, an advance payment will be recorded for the vendor.