Maintaining Deposit Accounts
A deposit account is one for which a lump sum prepayment is made to a vendor. The vendor maintains an account and charges items to it as they are supplied to the library. In Sierra, you can set up funds to keep track of the balances the library has in each of its deposit accounts.
The money paid to the vendor can come from one or more library funds. Innovative recommends using one of the following three methods to set up the deposit account fund in Sierra, however, you can also devise a method of your own to suit your library's needs.
Method A: Single Library Source Fund