Now Reading: On account postings with respect to BS and PNL
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On account postings with respect to BS and PNL
On account set to à PNL
Revenue is
posted to à
Invoiced – On account (CR)
Accounting entry is as follows:
CR Invoiced – On
account
account
CR VAT payable
On account set to à BS
Revenue is
posted to à
WIP Invoiced – On account (CR)
Accounting entry is as follows:
On account postings with respect to BS and PNL
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