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:
- Entries for Normal Transactions
- Entries for Prepaid Deposit Transactions