what are the A/c s debited and which A/c s crideted after
saving the Invice?
Answers were Sorted based on User's Feedback
Answer / arvind
goods issue account is debited and goods sold account is
credited
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / subha
In addtion to waht arvind had said would like to ad few points
1. WE also credit the cash flow incase we need to pay the
cash to the customer on account of billing being done . then
we do credit accoutn
Incase we need to recevei the cash from the customer due
to diffrecne of invoice we do debit account
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / v
when we save the invice company a/c is credited and customer
a/c is debited
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / vin
Debit posting account receivables account
Credit posting to customer revenue account
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / mohd khaja shamsuddin
when we post invoice to a/cing
customer A/C debited
revenue A/C credited
Is This Answer Correct ? | 0 Yes | 0 No |
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