hi friends,
can any one explain me the how integrate AP,AR, AND GL modules?
thanks & regards,
srisri
integration between AP,AR AND GL?
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- Location: India
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- Location: India
AR transfer the following imp accounting entries to GL:
Enter invoice/transaction
-----------Debit ---------Receivables
-----------Credit --------Revenue
Enter receipts against transaction
-----------Debit ---------Cash / Bank
-----------Credit --------Accounts Receivables
AP transfer following imp. entries:
Enter invoice
-----------Debit ---------Charge/Expense
-----------Credit --------Supplier Liability Account
Enter payments against the invoice
-------------Debit ---------Supplier Liability Account
-------------Credit --------Cash / Bank Account
While GL doesn't transfer any accounting or details to subledgers.
thanks,
AmAn
Enter invoice/transaction
-----------Debit ---------Receivables
-----------Credit --------Revenue
Enter receipts against transaction
-----------Debit ---------Cash / Bank
-----------Credit --------Accounts Receivables
AP transfer following imp. entries:
Enter invoice
-----------Debit ---------Charge/Expense
-----------Credit --------Supplier Liability Account
Enter payments against the invoice
-------------Debit ---------Supplier Liability Account
-------------Credit --------Cash / Bank Account
While GL doesn't transfer any accounting or details to subledgers.
thanks,
AmAn
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