SageForum for UK versions of Sage 50- Help and support.

A deposit paid to supplier for hiring tools , what is the best way to enter on to sage rather than payment on account. is it possible to show as a deposit.

You could do it as a bank payment against a creditor account for deposits.

I guess if it is a significant amount and straddling the year end it would be appropriate to have it separately shown.

I would normally do it as a payment on account then do a supplier refund when it is returned.

Thank you for your reply.
Also received later a credit for the balance amount as a receipt into my bank . and rest as an invoice for the usage of the tools. Also to note that a deposit was paid earlier, which was now to Put on account. What is the best way to show the entry.

You can do a supplier refund against the earlier payment on account.