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[Optimum] Non Refundable Deposit

Article ID: 64934 Email Print
Non Refundable Deposit


1. QNE Optimum provide an additional screen which similar to AR>Receive Payment, name


Other than the existing fields from AR>Receive Payment, system will provide another field "Tax Code" in

the header for user

- this entry should also post to Customer>Receive Payment and share the same running number, and will

provide a words “Deposits”

- the journal posting for this tranx will be as below:

Dr. Bank/Cash 100.00

Dr. GST from Deposit 5.66 (from GST setting account)

Cr. Debtor 100.00

Cr. GST Output Tax 5.66 (posting ac from the Tax code)

2. In Sales Invoice, system provide another button "Deposit":

- when user click the "Deposit" button, system will provide a screen

(similar to knock-off screen but the other way) for users to check which deposit previously already


- and the knock-off of the deposit will be automatically being knock-off as well

- The journal posting for this transaction will be as below:

(for example Total invoice amount is 1,000, previous deposit is 100)

Dr. Debtor 1,000.00

Cr. Sales 943.40

Cr. GST Output Tax 50.94 (posting ac from the Tax code)

Cr. GST from Deposit 5.66 (from GST Setting)


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Article Details
Views: 2337 Created on: Jun 04, 2015
Date updated: Jun 04, 2015
Posted in: Optimum, Deposit

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