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Input Needed - Prepayment for project

  • March 16, 2026
  • 1 reply
  • 12 views
I
Acumatica Employee

Hello everyone!

 

Acumatica Project&Construction team is planning to implement a new functionality - Prepayment for projects.

 

I saw it was discussed and requested on the community several times:

Prepayments to show on a project | Community

Construction Customer Prepayment | Community

 

  1. Could you please share with me how do you need to recognize the taxes for AR deposit on project? and when do you need recognize taxes? What is your setup for taxes for deposit on project?
  2. Could you please describe your business case when you need deposit on project?
  3. How do you request deposit for project?
  4. How do you process deposit got for project? 
  5. What is important for you when you work with prepayments on project?

Thank you in advance for your answers!

Have a good day!

    1 reply

    J
    Freshman I

    We are a specialty contractor for home audio, video, and automation.  I’d think our workflow would be similar to electricians, plumbers, fireplace, garage door, etc.
    We present a quote and when it is accepted, we request a deposit to seal the deal.
    We have created a sales order type IN for invoice that is a temporary document.
    We can send via email the payment link with this sales order and once the payment is received, we delete the sales order.  This is a workaround to get the money on account.
    The order is converted to a project, then service order(s), then appointments.  Deposit is applied to invoices from project.
    Hope this helps.

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