•EventPro allows you to accept Event Deposits in several different ways, depending on what your organization prefers.
These are four possible methods you could use:
oMethod 1: Deposit Applied to Event Total
You accept a deposit payment from the event client, and later apply that amount to the event charges invoice.
oMethod 2: Deposit Invoice & Deposit Payment
You create a deposit invoice for an Event. When the event client pays for the deposit invoice, the deposit payment is applied to the deposit invoice, and the deposit invoice can be applied to a Final Invoice of event charges.
oMethod 3: Tracked Refundable Deposit (Deposit Payment & Refund as Miscellaneous Resource Items)
You collect a deposit payment from the event client, and later return that amount to the event client, assuming that conditions have been met. You want to track when the money comes in and goes out, and include the amounts in event reporting.
oMethod 4: Untracked Refundable Deposit
You collect a refundable payment as a deposit from the event client, but the payment is not added to the payment total in the event. By using a refundable payment, you won't be able to track when the payment is returned, and reports won't show the refund transaction.
