Creating the Prepaid Deposit Product
Follow these steps to add a Products record for a Prepaid deposit:
- Open a new record from the Products service.
- This service is located in the Product Setup and Maintenance application by default.
- This service is located in the Product Setup and Maintenance application by default.
- In the Name field, enter a name for the prepaid deposit product.
- Select a product category for the prepaid deposit product.
- If an appropriate category does not exist in the database, create one. See Creating a Product Category for the Prepaid Deposit Product for details.
- If an appropriate category does not exist in the database, create one. See Creating a Product Category for the Prepaid Deposit Product for details.
- Select the General product type for the prepaid deposit product in the Type field, if not already selected.
- Click the Accounting > GL Accounts tab and verify that the only GL Accounts records displaying are the prepaid deposit GL account and the sales account, inherited from the product category selected.
- Click the Prices > Settings tab.
- Select the Allow Free option.
- Remove the check marks from the Allow Price Override and Allow Price Selection boxes.
- Save and close the prepaid deposit Products record.
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