Use of Negative Deposits

QUESTION: Can I make negative deposit? What does a negative deposit do? Can I do a negative deposit and use transfer to trust or cash to UDB?

RESPONSE: Negative general deposits are often used to correct receivable subledgers, especially when cancellations are not possible, for example if a conversion data source is not available. Negative deposits are most often processed against an invoice (deposit mode receivable payment) to re-set the receivable position when a cancellation is not possible. Occasionally the negative deposit is applied against a GL account (deposit mode GL account deposit) when the funds received were applied to a GL and not an invoice. Negative deposits must not be created in combination with other deposit modes, for example transfer to trust, apply to UDB or write-off, as there is no business case to support these scenarios