Avances et Acomptes

[mcsquingle]

Hi everyone,

I'm in the process of translating a balance sheet for an Association from French to English, and I've come across a number of words and phrases I can't really translate - I need some help from someone who actually knows accounting lingo:

How could you say avances et acomptes in an English balance sheet? So far, I've got Advances and Payments.

Any ideas?

Merci en avance,
Kael

 

[archijacq]

advance payments and downpayments

 

[mcsquingle]

Thanks so much!