Distribution, Manufacturing, and Internet Modules

[rbrooks]

What is the correct process for doing a SO credit memo and applying to an invoice that had a deposit? Our goal is to credit the invoice as well as credit the deposit account. If we do a credit memo in SO and put the deposit amount as positive on the totals page, the net invoice amount is correct but the DTR shows that the deposit account is debited and not credited. Also tried putting in the deposit as negative which credits the deposit account, but the net invoice amount is not correct. Mas90 4.40. Thanks.

[jnelsonut]

When a SO is invoiced that has a deposit, the Deposit GL Account is debited; therefore, your Deposit Account should be at Zero.

Assuming that you handled the initial deposit correctly, you would do the credit just as you would any credit, and not do anything with the deposit account.

Joe