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Forum Post: RE: Question about Customer Deposits Account

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When the invoice is updated the journal entry will be a debit to the "customer deposit" GL account and a credit to revenue.  To post the deposit payment you would do a cash receipt.  Use customer number "CASH" and post directly to the "customer deposit" GL account. As an alternative you would setup the customer deposit account to be the cash account and then manual enter the deposit to bank recon.

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