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Accrual accounting for cashless security

How do I account for transactions where the security is cashless against the guarantee ‘balance ‘

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We offer an account which is backed by s guarantee for customers to use. The value of the guarantee provides the balance. 

When security amount is calculated by us fir s movement of goods, we reduce the balance. If the foods are moved back in the required timeframe, we ‘credit’ the money back to the account. 

 

How is do we do this using an accruals based IT system?

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By paul.benny
23rd Sep 2019 09:07

Sorry - don't understand the question. Could you maybe provide a worked illustration, preferably without typos.

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