StudentLogic – How to correctly forfeit deposit

Posted by Dasha on Jun 17, 2017 in Blog | 0 comments

This week we will explain How to correctly offset deposit that is forfeited to make sure everyone is doing it the right way.  There are actually few ways it can be done, but if you want your reports to show forfeited deposit correctly as your income, then please follow the steps provided in this email. 1) Forfeited Deposit is your INCOME and thus first step is to create an invoice to record this income correctly.  Go to Sales module / Invoices and create new Invoice as shown below. Invoice is created for parent/student whose deposit you want...