Here is a handy addon to simplify the use of "Dynamic Paint". Add a "Canvas" modifier on the mesh to be deformed, choose the type of deformation then assign a "Brush" modifier on the mesh that will deform the surface and that's it.
- Blender: 2.81/2.82/2.83.
- Lite Pack: Fast Dynamic Paint.
- Full Pack: Fast Dynamic Paint + Pure-Toon Water 1.2 "Lite".
- Pure-Toon Water 1.2 more info here: https://blendermarket.com/products/pure-toon-water