A customer pays in full at the time of sale, what occurs?
Use the Sales Receipts form to record sales for which the customer pays in full at time of sale. Recording a sales receipt tracks what was sold, the sales tax, if any, collected and increases sales tax liability and then deposits the amount from the sale into a bank account or holds the money with other Undeposited funds (you can set a preference to make Undeposited funds the default deposit to account).