SoftGuide > Functions / Modules Designation > Deposit posting

Deposit posting

What is meant by Deposit posting?

In accounting, "deposit posting" refers to recording deposits or security payments. This can occur, for example, in the context of lease agreements, rental agreements, or other business transactions where a security or advance payment is required. Booking a deposit means recording the amount as a liability or asset until it is returned or offset at a later date.

The function / module Deposit posting belongs to:

Invoicing