The article has been updated successfully.How to handle layaways
My customer wishes to make layaway payments on a purchase. I don't want to put it through my books until the purchase has been paid in full.1. Go to Main Menu > New Invoice.
2. Enter the item using the purple Search Item button to the left of the first line item.
This removes the item from inventory.
3. In the salmon colored Category field, put your cursor in the field and change it to 'layaway'.
4. Take note of the balance, including the tax/es. Change the Unit Price field to this total.
5. Put an X in the tax exemption field/s to the far right.
6. Click Recalculate (above the Done button).
The balance should now be the same as before, but with no taxes showing.
7. Enter a layaway installment using the Enter A Payment button.
Keep entering installments using this method until the balance is zero.
8. Take note of the Invoice #, top right.
9. When the Invoice has been paid in full, then create a New Invoice.
10. Type "Layaway on #....." into the Desciption field.
Do not enter the item again using the Search Item button because this remove it from your inventory again and you don't want that.
11. Enter the before-tax Unit Price and click Recalculate.
12. Click Enter a Payment.
When the Receipts dialog box appears, enter 'layaway credit' into the Tender field. If it is not already on the pop-up menu, then scroll to the bottom enter it in the Edit.... mode.
13. Enter the original layaway Invoice # into the Reference field.
14. Click Done or Done Print Invoice.
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Last Updated
26th of April, 2010
