Hello all,
I would appreciate all suggestions/thoughts about how to best handle deposits in B1. Our situation is as follows:
We are gas cylinder suppliers and charge a deposit for the cylinder itself; there are 2 classes of deposit
Paid (domestic customers)
Unpaid (commercial)
If a commercial customer is allocated 10 unpaid deposits, then he can keep bring back 10 empties for full replacements perpetually - should they bring back 9, then the unpaid deposit must be settled i.e. the deposit becomes payable on loss of cylinder.
We take this payment in advance from domestic customers, and this amount should sit in a liabilities account.
Our counter staff need easy access to track the unit and amount balance of desposits for each customer.
Any ideas are very welcomed.