I'm using Sage 100 Contractor version 19.5.34.
I have customers that prepay a deposit amount up front. Then I need to apply that payment to an invoice at a later date.
Currently I'm entering the initial deposit into 3-2 Receivable Invoices as a CR to the Prepaid Deposit account I created under Current Liabilities (DR A/R and CR Liability) - just one line on the invoice. The customer then pays this lump sum and I receive payment as per usual (DR Cash and CR A/R) .
When the job is done, I compute all job costs and add/subtract a "profit or loss" amount so that the invoice equals the initial lump sum. Now I need to apply the still existing liability to this invoice. How do I apply that initial payment to this invoice?
Thx