From the archives---
 
"From:  "Lynn Pantic" <lpantic@d...>  
Date:  Thu Apr 4, 2002  3:22 pm
Subject:  [dbausers] Re: Deposit on Purchase Order
 
 
   
 
1.  Create a type N part number for Purchasing Down Payment or Deposit.  Give it its own product class with asset/expense account defined as PrePay Deposit account
 
2.  Add 2 lines to the Purchase order.  One for the Down Payment part number and a positive quantity, the second for the same part number but a negative quantity so the net effect of the 2 lines is $0 added to the Purchase Order.
 
3.  Use PO-C to receive the positive Deposit line, and process the invoice.  Pick to pay and print the check as any other invoice (or enter as COD in AP-C if the check was written manually).
 
4.  When the parts come in, receive the negative deposit line along with the product to reflect the deposit already paid so the AP is processed with a net balance due (if any). "