The 1-2-3 of QuickBooks Customer Deposits
Since time began, well at least ‘commerce’, merchants have required their customers to make deposits on goods, merchandise, and services to be delivered or rendered at some time in the future. These ‘deposits’ have been called by a variety of names including ‘customer deposit’, ‘down payments’, ‘prepayments’, ‘earnest money’ or ‘retainers.
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About the Author
William (Bill) Murphy, better known as "Murph," is responsible for day-to-day technical content. He is also serves as Administrator for the Top Advisor Awards Program. Murph is an Advanced Certified ProAdvisor with over 30 years of QuickBooks consulting experience. He has more than 45 years of experience in Business, Finance and Public Accounting. For many years Murph was the “anchor” of the National Advisor Network’s online forum (now the Woodard forum) and three-time consecutive winner of the NAN Online MVP award. Murph has published numerous articles in industry publications and served as Technical Editor for Business Analysis with QuickBooks by Wiley Publishing.
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