Payables and Cash Management - EBS (MOSC)

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Security Deposit in Payable

edited Jan 8, 2014 10:30PM in Payables and Cash Management - EBS (MOSC) 1 commentAnswered
Dear,

I would like to know that how we can perform the security deposit transaction against the supplier in payables.

Like we take the house for rent but we pay to supplier a security deposit 1000 $ in advance which will be return when we left the house.

Please advise how I can enter the entry when i paid to advance to supplier and when it will return then how I can enter the return deposit.

Thanks

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