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:

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

Blog Syndicated with noreply@blogger.com (Sarang Kusare)’s Permission

More About This Author

Sarang Kusare

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