How To Refund Deposit to Customer

We need to create a direct payment voucher for recording the Refund amount payable to the customer that he paid while hiring the car. Now let’s see how to raise a direct payment voucher for Refundable Deposit.

Step 1 > Go to “payment” under “expense” tab.

Step 2 > Click on “add payment” button.

Step 3 > Select the Direct Payment in Payment type.   

Step 4 > Select Payment Method

Step 5 > Select Date

Step 6 > Select the Vendor from the Drop-down Menu

Step 7 > Select relevant Bank/Cash

Step 8 > Now select Refundable Deposit ledger in account.

Step 9 > Key in the amount. If required add taxes to the payments made

Step 10 > Choose the vehicle from the cost center tab.

Step 11 > Click Save.