video1.0<iframe src="https://www.loom.com/embed/7b221bb33b834db3a51ba40ed98f7baa" frameborder="0" width="1280" height="960" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>9601280Loomhttps://www.loom.com9601280https://cdn.loom.com/sessions/thumbnails/7b221bb33b834db3a51ba40ed98f7baa-00001.gif207.163In this video, I explain how to add a current liability account called "Customer Deposits" in our accounting system. I provide step-by-step instructions on how to set up the account and customize it to suit our needs. I also demonstrate how to add an invoice for the deposit and explain the impact on our revenue reports. No action is required from you, but please watch the video to familiarize yourself with the process.