After the goods are accepted and put into storage, accounting vouchers shall be prepared according to invoices, receipts, actual warehousing amount of materials and prepayment amount:

1. If the actual amount of incoming raw materials is greater than the advance payment, you need to make the following two entries.

Borrow: raw materials

Credit: advance payment

Debit: advance payment

Loan: bank deposit (to make up for the unpaid account)

2. If the actual quantity of raw materials in stock is less than the advance payment, the following two entries need to be made.

Borrow: raw materials

Credit: advance payment

Debit: bank deposit (to recover overpaid advance payment)

Credit: advance payment