Is there anyone out there that can tell me how to create and apply Unapplied Deposits within Global Financials? I understand how to do unapplied cash, but I can't find much instruction or information on how to do unapplied deposits.
In our business we have PO's for long lead items which require milestone payments against them. This means we could have anywhere from 2 - 10 payments against a PO prior to the material we are purchasing being delivered. I am trying to figure out how to create those payments to vendors as "deposits" against the unreceived PO. Then once the material is received and a final invoice delivered the payments would be applied against the receiver.
