VISION ERP – Security

Security Deposit

Security deposit is used when customer does not have a credit line or history with DWC and/or their credit score is lower than the minimum set DWC.

On those cases a SO and/or invoice is created using code 955 – Rental Deposit

Note: These funds should not be touched/ applied to any invoice or charge to the customer for a period of 12 months.  If makes payments on time for 12 months, then the deposit can be refunded to the customer or used toward future charges to the account with customer permission.   Unfortunately, at this time NS does not support that policy and money is in the act. and CSRs may, inadvertently, apply to balance even before the 12 months are up.