how do I record a dep[osit paid to a supplier r

Trevor Kitchin

How do I record a deposit paid in advance to a supplier for a PO

Sue_10075371

We just paid a deposit of $1000 for 2 x ATVs (for our wholesale nursery).  The deposit was paid by credit card and I used "Enter Credit Card Charge" to record it.  You could also use "Write Cheques" to record this, or if you know the total amount of your purchase, you can enter the total amount as a "Bill" then use "Pay Bills" to make a part payment.  The supplier should give you an invoice/receipt that shows that you have paid the deposit.