Deposits in Retail Sales
This document explains what happens when customers leave a deposit for backordered merchandise at the Cash Counter, which is allowed for sales made using program RS41.  The eligible Payment Types for Payment 1 on the original transaction are:  Cash, Check, EFT (Credit Card).  Deposits are not applicable to sales put On Account in RS41. Possible scenarios are:
	 
		- A Cash sale is part shippable and part on backorder. In this example, No deposit is collected for the back ordered portion.
		
		Example:  Shippable Value = 100, B/O Value = 50
		 
			 
				- In Payment 1, select Payment Method and enter Amount Tendered = 100 (the shippable value).
				
 - A backorder will be retained in the system until released, shipped and invoiced via IN41, at which time the Payment Method for the back ordered portion ($50) can be selected.
				
 - The back order can be put On Account or paid by Credit Card.
			
  
		
		  - A Cash sale is part shippable and part on back order.  A deposit is left to cover the back ordered portion.
		
		Example:  Shippable Value = 100, B/O Value = 50	
		 
			 
				- In Payment 1, select Payment Method and enter Amount Tendered = 150 (full amount of the sale).
				
 - In Payment 2, select Deposit and enter Amount Tendered = 50 (back order portion of the sale).
				
 - A Payment on Account will be automatically posted to the customer's account for the deposit.  The reference number assigned to the POA is 'P' plus the sales order number.
				
 - A back order is retained in the system until released, shipped and invoiced via IN41, at which time the Payment Method for the back ordered portion can be selected.
				
 - The backorder should be put On Account; an invoice will be posted to the customer's account to be matched up to the POA in AR30.
			
  
		
		  - A Cash Sale is totally back ordered. A partial deposit is required. 
		
		Example:  Shippable Value = 0, B/O Value = 100    20% deposit required 
		 
			 
				- In Payment 1, select Cash or Check Payment Method and enter Amount Tendered = 20 (amount of the deposit).
				
 - In Payment 2, select Deposit and enter Amount Tendered = 20 (deposit portion of the sale).
				
 - A Payment on Account will be automatically posted to the customer's account for the deposit.  The reference number assigned to the POA is 'P' plus the sales order number.
				
 - A back order is retained in the system until released, shipped and invoiced via IN41, at which time the Payment Method for the back ordered portion can be selected.
				
 - The back order should be put On Account; an invoice will be posted to the customer's account to be matched up to the POA in AR30.
			
  
		
		  - A Cash Sale is totally back ordered. Full deposit is required. 
		
		Example:  Shippable Value = 0, B/O Value = 100   $100 deposit required  
		 
			 
				- In Payment 1, select Cash or Check Payment Method and enter Amount Tendered = 100  (amount of the deposit).
				
 - In Payment 2, select Deposit and enter Amount Tendered = 100  (deposit portion of the sale).
				
 - A Payment on Account will be automatically posted to the customer's account for the deposit.  The reference number assigned to the POA is 'P' plus the sales order number.
				
 - 
A back order is retained in the system until released, shipped and invoiced via IN41, at which time the Payment Method for the back ordered portion can be selected.
				
 - The back order should be put On Account; an invoice will be posted to the customer's account to be matched up to the POA in AR30.
			
  
	  
 
 
 
  
      |