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what is commitment (Warranty invoice) in AR?

Answers were Sorted based on User's Feedback



what is commitment (Warranty invoice) in AR?..

Answer / mahesh .gudeti

warranty invoice is nothing but Guarantee invoice.

Guarantee invoice is nothing but just we have to give Assurance from the customer to buy goods and services.

Note: Deposit and Guarantee come under commitments.

Is This Answer Correct ?    5 Yes 0 No

what is commitment (Warranty invoice) in AR?..

Answer / prasad

Deposits / Guarantee comes under Commitment Transaction in AR.

Deposits - Monetary Transaction
Guarantee - No Monetary Transaction (Only guarantee)

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