PURCHASE ORDERS - Deposit to Vendor

Process a deposit paid to a Vendor on an Issued PO prior to receiving product

Setup

Establish the GL Account you want to accumulate these payments in through Company Settings > General Ledger > Special Accounts (you may need to create a new GL Account for this):

Create a new Deposit

• click  Deposit in the PO header:

• enter information

• the deposit will display in the Accounts Payable tab of the Purchase Order as a Vendor Debit:

• option to flag the transaction and  Void to reverse this Deposit