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In this video tutorial, the focus is on customer deposits or prepayments in QuickBooks Online. The video explains that when a customer pays you before receiving the product or service, it is considered a prepayment or deposit towards future delivery or service. Revenue recognition rules dictate that sales should only be recognized once the product or service is delivered, not when the payment is received. This special accounting treatment ensures proper recognition of revenue in line with the timing of product or service delivery.