One of the most common questions from accountants switching to Xero: "A customer has already paid before the invoice is raised. Where is the advance payment option in Xero?" If you have used QuickBooks Online or Zoho Books before, this confusion is completely understandable. Both of those platforms have a direct advance payment button. Xero does not — and there is a very specific accounting reason behind it. This blog covers everything you need to know — what advance payment