Why can't anyone answer a question directly? That's why we really don't like QB support. As much as we need and request a simple answer, we have to ask multiple times for simple information.
Please try your best to answer these two questions with yes or no:
1) Do I need to cancel/void the deposit in order to cancel/void the created Sales Receipt? Yes or no.
2) If we cancel/void the automatically created Sales Receipt created from thefrom the Payment Link, will the paid funds be applied to the client's account as a credit? Yes or no.
