Booking Deposit

When your cursor is in the Code column, press the O key and then press the B key.

(All deposits are started by pressing the O key first.)

To Take a Booking Deposit - Enter in the Booking Deposit amount in the Debits Column.

To Apply a previously taken Booking Deposit - Enter in the Booking Deposit amount to apply in the Credits column.

Use the A,T,G or N key to go to the Finalize Payments screen and process the transaction.

Note that Booking Deposits do NOT form part if the outstanding balance of an account. They are kept separate and show on the recipt - bookings report and at the lower part of the charges window.

Usually booking deposits are taken in advance of a booking and applied to a booking charge after first running up site fees, extra persons charges etc and lastly you the apply the booking deposit previously recorded as a credit to the account when the tenant comes into the office to pay.

Booking deposits form part of the Cash receipts Report (Banking Report).

Deposits can be taxed or not taxed depending on how an option is set in the File maintenance - System Settings program. See the field named tax Deposits.

Normally Deposits are not taxed as the tax is taken when the deposit is applied to a charge.

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