The ability to accept deposits on a sales order that flows to an invoice is a great feature that streamlines the sales order to cash process.
It’s suited to companies that require deposits during the sales order process. After creating the SO you can simply click on ‘Create Deposit’ button to open a new deposit transaction linked to the order. Once the deposit is created and saved in NetSuite; it is reserved for future use.
During invoicing, this is automatically applied against the outstanding balance of the invoice. This also shows on the printed invoice this is sent to the customer.