Deposits functionality lets you charge and manage deposits. This includes:
Creating a deposit or a record that a deposit was waived.
Tracking the date when the deposit was received from the customer.
Automatic calculation of interest based on configuration.
Tracking allocations of money back to the customer including indication when a deposit has been fully allocated.
Tracking principle deposit amount and accrued interest separately.
You can access deposits on a customer account:
Via the Deposit Balances view.
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Via the Customer menu by choosing Billing > Deposits. This displays the Deposit Detail page.
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