I'm using NetSuite. I want to buy some stock from another company. However, they've sent me a pro-forma invoice. So I need to pay for it before they will ship it. Which is fine.
How do I process that? What record do I create? How can I tie that to a purchase order so I can book the items in when they arrive?
Seems like this is just an impossibility.
You can use vendor prepayment to record the payment to vendor before shipment arrived.
Vendor prepayment can link to a Purchase order. So after purchase order is received and vendor bill is raised, the vendor prepayment will auto apply to the bill.
Vendor prepayment can be enabled from Setup -> Enable Features > Accounting Tab > "Vendor Prepayments"
