{"id":999981987,"date":"2026-08-13T15:17:22","date_gmt":"2026-08-13T08:17:22","guid":{"rendered":"https:\/\/bizzi.vn\/?p=999981987"},"modified":"2026-08-14T09:25:27","modified_gmt":"2026-08-14T02:25:27","slug":"what-is-an-advance-payment-see-advance-payment-request-form","status":"publish","type":"post","link":"https:\/\/bizzi.vn\/en\/what-is-an-advance-payment-see-advance-payment-request-form\/","title":{"rendered":"What is an advance payment? Download the advance payment request form."},"content":{"rendered":"

An advance payment is a sum of money that a business provides to an employee in advance to perform an approved task; this amount must be tracked until the recipient settles the advance payment with supporting documents and the entire difference is processed. For accountants, the important point is not just the amount advanced, but correctly identifying the nature of the transaction, the documentation, the journal entries, and the tax conditions when the employee directly makes the payment.<\/span><\/p>\n

This article provides a comprehensive guide to the entire process, from requesting an advance payment, disbursement, and documentation to accounting and closing the advance payment, while also clarifying the case where an employee uses personal funds to make payments on behalf of the company.<\/span><\/p>

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