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Join nowIs this what I am supposed to do?:
When receiving the bank deposit from client: Go to banking > Make Deposits
In Received from: Select Client
From Account: The Other Current Liability account created
PMT Method: Bank Deposit
Amount: Record Amount
Whenever I pay the money I will write a check and choose the other current liability account again?
The money received is not income but it is a current asset in my possession. Should I create an "other current asset" and use that account when recording the deposit? Then write the check and hit the liability account?