Customer Deposit - Treat it like MYOB
One thing MYOB does better than Xero is handling customer deposits. Dear does an okayish job with customer deposit. However, there is a low hanging fruit to improve functionality.
After, a customer deposit is applied to a quote and
- When the invoice is created in Dear the customer credit (from this invoice) should automatically apply to the invoice, instead of the pop-up option (that how MYOB (a 2 billion dollar company) handles it and it works perfectly).
- The customer credits from other quotes etc, should not pop up at all to apply. Instead, a message should appear that credits are available if you want to apply.
- This process can be repeated on the supplier side.
- If the customer deposit is more than the invoice, the only partial amount should be applied.
I have 10+ year experience in dealing with accounting softwares. I strongly recommend that you look into the above suggestion. Another key report missing is a reconciliation report to show which customer credits are remaining.
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