What is a deposit sale?

What is a deposit sale?

Deposit receipt is a document that the seller must issue to the trade debtor. to be used as proof of deposit payment The deposit amount can be used to cut off the full or part of the product price.

There are 3 steps to selling products with a deposit.

- Issuing a quotation of the price of goods

- issuing deposit receipts

- Remaining receipts

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