Do you receive deposits and/or prepayments?

Answers were Sorted based on User's Feedback



Do you receive deposits and/or prepayments?..

Answer / salman

We reciive Deposits, Prepayment we Pay

Is This Answer Correct ?    11 Yes 1 No

Do you receive deposits and/or prepayments?..

Answer / biduth chakraborty

Deposits are Transaction in AR which is Received from
Customers whereas Prepayment from AP is Advance payment to
Supplier.

Is This Answer Correct ?    4 Yes 0 No

Do you receive deposits and/or prepayments?..

Answer / rajesh saini

We receive the Deposits and we pay the prepayment because this is the advance payment to the supplier example rent and utilities bill

Is This Answer Correct ?    0 Yes 0 No

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