We have a scenario where the company is making the prepayment to the vendor. The prepayment is for the 20% of the contract value. The material is a pipe line material. Vendor is settling the prepayment with every invoice.
For example if the GR value is 100, then the invoice will be raised for 80. We would like to transfer 100 to the material cost but not 80. And also the prepayment will be appearing in the balance sheet & that should get reduced progressively with the goods receipt.
Please note that this vendor is the unique vendor.
Can somebody help me with this.
Thanks & Regards,