Money a customer paid before you incorporated now applies after it
The problem A customer prepaid while you were still a project. You incorporated, invoiced them from the company, and the prepayment could not be applied to the invoice or reversed: it sat as an unapplied balance forever.
Payments recorded before an incorporation now follow your books into the company. Your agent can apply a customer’s prepayment or an owner’s advance to invoices issued after the incorporation, and reverse unused money, in the company’s books with history intact. A pre-incorporation payment that already paid an invoice is corrected with a new payment or credit in the company’s books instead.