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hello everyone welcome to this video on prepayments and overpayments in zero iamp;#39;m adam or product owner of the accounting api and today iamp;#39;ll be explaining what pre and over payments are and how they can be used in the Xero API firstly whatamp;#39;s the difference between a prepayment and overpayment well similarity first they can both be used when youamp;#39;re spending or receiving money so money coming from to or from a supplier or to or from a customer but the purpose of them are slightly different so a prepayment is for deliberate payments made in advance examples of that an annual subscription paint advance or a deposit for work thatamp;#39;s going to be invoiced later on and over payment is more like a transaction to park some money in until itamp;#39;s going to be paid back so usually used when too much moneyamp;#39;s been paid by mistake for that reason thereamp;#39;s a couple of practical differences between them as well so pre payments youamp;#39;re allo