Roger,
I use an account called Liabilities:Customer Deposits.
When I receive the funds I debit cash/checking and credit the Customer Deposit
liability account.
When I apply their deposit to an invoice, I ‘pay’ the invoice with that
liability account.
You probably will want to make sub-account
Is there a way to show paid ahead customer balances on the balance sheet?
They show by customers overview as negative balances per customer but not on
the balance sheet that I can find.
I would like to see the total balances on the balance sheet as a liability
against a cash reserve for a spec
