Creating a deposit line item type

You can define two different types of deposit line item for sundry and utility accounts:

  • A basic deposit is any deposit charge that your agency requires for billing accounts. When you add deposit charges to accounts, you can select from the existing deposit line items.
  • You can also set up an initial deposit charge for new business accounts.
  1. Select Billing > Setup > Billing > Line Item Setup.
  2. In the Line Item Setup tree, under Sundry or Utility, right-click the Deposit node and select Create Deposit Setup.
  3. Specify this information:
    Deposit
    Specify a name for the line item.
    Effective Date
    Specify the date the line item becomes effective.
    Rate Code
    Specify the rate code to use to calculate the line item amount.
  4. Click Save.