Problem: How to place a deposit in a bank and receive it back?
Solution: Record deposit and get it refunded in future as Deposit to Supplier.
1. Record the actual deposit entry with Cash Payment or Bank Payment document with transaction type 'To Supplier':
Money > Cash Documents > Cash Payment
Money > Bank Documents > Bank Payment
2. On the Payment Details tab, chose GL Account - Deposits Paid to Suppliers:
In booking record, Deposits Paid to Suppliers appear in Dr:
In Financial Statements, this amount is also reflected on the corresponding account:
3. To return deposit, create a Cash Receipt or Bank Receipt with transaction type 'From Supplier':
4. On the Payment Details tab, chose GL Account - Deposits Paid to Suppliers and link the advance document:
In booking record, Deposits Paid to Suppliers appear in Cr:
In Financial Statements, this amount is reflected correspondingly.
If full amount will be refunded, the balance of deposit paid to supplier will be nil.
Thank you for being a FirstBIT customer!
Irina Babenko