Allow us to record debits to cash receipts, allowing us to post net amounts (such as Spherion payments where fees were charged)
When posting cash receipts, we often have a debit offsetting the revenue, creating a net deposit amount. An example is using the Spherion website for fundraising. We receive a twice monthly payment from Spherion, when people have posted gifts online using a credit card. Spherion charges a fee and we have bank fees associated with the gift. We want to record the full gift amount against the receivable but the net amount to cash. Currently we have to record the net amount and then do an ugly journal entry to capture the other pieces.