What happen when u save cash sale and what are the postings
done after saving it (which GL account will be updated)
Answers were Sorted based on User's Feedback
Answer / p. mohapatra
When u save the cash sale accounting document is going to generate: Cash Sale A/c Dr.
to Sales Revenue A/c Cr.
Is This Answer Correct ? | 5 Yes | 0 No |
Answer / venkat
The Accounting Entry that generates for Cash Sales is
Cash settlement A/c dr
to
Revenue A/c cr.
Is This Answer Correct ? | 5 Yes | 0 No |
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