How to apply a Customer Deposit to AR invoice - Receivables R12

Before apply any customer deposits to invoice, deposits must be applied with cash receipts

To do cash receipts,

Navigate to AR receipts screen,

1. Enter receipt payment method, this will auto populate remittance bank accounts
2. Enter Receipt amount, this will default currency, gl date, and receipt maturity date
3. Identify deposit transaction using number and this will auto populate customer account details
4. Apply save, receipt will be displayed with un-applied balance
5. Click apply and enter deposit transaction number to be applied from list of values
6. Apply save and receipt is fully applied
7. Inquire deposits with transaction number in transaction screen and you can see deposits balance due is zero

Inquire with AR invoice number for which you are going a apply a deposit

Pls note deposit effective dates should fall between invoice date. i.e., invoice date must be greater than deposit start date and less than deposit end date.

Navigate to Actions Menu -> Apply Deposit

Once deposit is applied to an invoice. Balance of an invoice is get reduced from the actual balance
and you can inquire activities against a invoice by navigating

Actions -> Installments -> activities

Below snap shows you credit memo and adjustment activities against an original invoice