Forum Discussion

Jobird's avatar
Jobird
Experienced Cover User
5 years ago

Selling Inventory with not enough Quantity on Hand

Hi there,   This is becoming quite a problem for 1 of my clients and will be a big problem for another client I was about to migrate to MYOB Accountright. We use the Inventory module and so have I ...
  • Mike_James's avatar
    Mike_James
    5 years ago

    Hi Jobird , yes payments can be applied to orders. Your linked (sales) accounts should include a liability account for customer deposits. When a payment is applied to an order, MYOB will credit that account. On conversion to an invoice the deposit will be automatically transferred to the credit of the receivables account.