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Our electric company has begun applying portions of our security deposit to our monthly bills. How do I show the bill as paid and reduce the balance of Security Deposit account. Thank you.
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Hi there, Ana_Smart.
We'll create a Credit and attach it to the Bill once we're ready to pay the bill. I'll show you how:
After that, we'll pay the bill and then set the credit we just created.
If you're referring to something else, I'd like to know how we entered the security deposit account.
Any additional information is much appreciated. Take care!
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If you did not record the original security deposits as security deposits then what you pay is just what you pay
Thank you so very much Catherine_B. It worked wonderfully! Because of the COVID-19 situation I was not able to get back to this until now. Most grateful.