How a Prepaid Deposit Product Works

In most order scenarios, the customer places the order, and then pays for the items purchased. This payment can be done either at the time of the order, for example, using a credit card, or at a later time, when the customer sends the payment. Prepaid deposit orders, however, are based on the assumption that the customer establishes a credit prior to making any orders, making a "payment" that can be then applied to future purchases.

This section covers the following topics:

• About Entries for Normal Transactions
• About Entries for Prepaid Deposit Transactions