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"Inventory Values are affected" in party a/c or sales a/c?
Hi,
When sale occurs, we debit party's A/c and credit sales A/c under Sales Voucher. But when the transaction involes inventory items, I wonder which a/c shall be selected to "Yes" for "Inventory values are affected" option. I mean if it is "sales A/c" or "Party's A/c".
Replies (1)
| Originally posted by : stufflearn | ||
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Hi, When sale occurs, we debit party's A/c and credit sales A/c under Sales Voucher. But when the transaction involes inventory items, I wonder which a/c shall be selected to "Yes" for "Inventory values are affected" option. I mean if it is "sales A/c" or "Party's A/c". |
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For Sales A/c you have to set 'Yes' for 'Inventory values are affected" not for Party a/c
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