Zero-Charge Services - PM
Follow this process to post a deposit to a zero-charge service. This can be used to enter pre-payments for unscheduled services.
Prerequisites:
- Create a specific Deposit service code in the Service Codes form. This is simply a descriptive service code that will have a zero-charge service associated with it.
- In Deposit Entry, record a client's deposit or payment. After filing this information, you can go to the Client Ledger to see how it appears.
- The Client Ledger shows the Deposit service code with a zero charge. The payment received was $500, which brings the guarantor's balance to a credit of $500.
- Once you begin rendering services for the clients, the overall Guarantor Liability balance will reflect this.
If you choose to show the payment for each line item, you would first wait until all services are rendered and the liability is equal to $0. Then you can perform a reversal on the deposit line item. This is done by using a posting code that is defined as a reversal of the original posting code within the Individual Cash Posting form.
At this point, you can go ahead and post the payments on each line item so that the services will show the payments.