After reading a lot on QB on receiving a deposit from a customer, I just want to know if this process will work; or am I off base:
1 - Create an invoice for the deposit. (I created "deposit" in my item list as an "other charge", with no sales tax)
2- Once customer pays this deposit, I create a credit memo (I created "deposit payment" in my item list as a "payment"), when I save the credit memo, I select "retain as an available credit". (This allows me to deposit funds to my checking now and save credit to apply to final invoice.)
3. I delete the original invoice for the deposit so a credit is remaining on the customer.
4. Once job is complete I create the full invoice and apply the credit.
I think this will work and is easier than so much I've seen on here! Am I wrong? I've been researching so long I just want a simple way to request a deposit up front and then apply that to my final invoice.
