How to record Deposit for a container of product

The usual way to do this is to make the 30% payment to the vendor and use accounts payable as the expense (reason) for the payment.  That will set a credit with the vendor, then enter the bill when it is time and in pay bills, apply the credit and pay the balance due

Hi there, @Totentanzen.

Welcome to the Community! I've got all the instructions you'll need to record prepayments. I'm happy to show them to you.

I agree with Rustler. You'll have to use the Accounts Payable (A/P) account for the payment. Doing this will set a credit, which you can apply to the bill when it's ready.

for the vendor to your A/P account to record the 30% payment.

1. Go to the Banking menu, then select Write Checks.
2. Enter the vendor name, date, and payment amount.
3. Go to the Expenses tab. In the Account column, enter Accounts Payable.
   
   
4. In the Customer:Job column, select the drop-down, then choose the vendor name.
5. Select Save & Close.'

Second, follow these steps when you're ready to enter the bill:

1. Go to the Vendors menu, then select Enter Bills or Receive Items (if you like to record the bill later).
2. Fill in the necessary information.
3. Select Save & Close.

Finally, here are the steps to apply the 30% prepayment to the bill:

1. Go to the Vendors menu, then select Pay Bills.
2. Highlight the bill you want to associate with the prepayment.
3. Select Set Credits. The prepayment will display on the Set Credits screen.
   
4. Make sure it is checked, then select Done. If there is a balance due on the bill, QuickBooks will create a Bill Payment Check.

Another option is to use an asset account to track the prepayment. For the detailed steps, follow this article: Prepaid Parts or Services.

Please post an update on how these steps work out. I want to make sure this is resolved. I'll be keeping an eye out for your response. Have a good one!