Deposits against Purchase Orders

Posted by jasonhonigberg on January 6, 2009, 12:14 am

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We are a manufacturer that imports some finished product as well as
raw materials. We make prepayments again the purchase orders through
wire transfers that are usually 50% of the value of the purchase
order. In addition we occasionally import some products through air
freight for fast service and receive the balance by sea freight.

The boss would like to be able to track the prepayments have have it
show up on a report for the financial staff. Please advise how to
accomplish this, QB tech support failed to help.

Thank you in advance,

Jason

Posted by Haskel LaPort on January 6, 2009, 8:12 am

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> We are a manufacturer that imports some finished product as well as

> raw materials. We make prepayments again the purchase orders through

> wire transfers that are usually 50% of the value of the purchase

> order. In addition we occasionally import some products through air

> freight for fast service and receive the balance by sea freight.

> The boss would like to be able to track the prepayments have have it

> show up on a report for the financial staff. Please advise how to

> accomplish this, QB tech support failed to help.

> Thank you in advance,

> Jason

QB does not have any accounts receivable features that track prepayments.
You need to move up the software food chain to get this type of
functionality. That said you can always search for prepayments in QB Help
Search and follow the kluge given by Intuit.