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



what are the A/c s debited and which A/c s crideted after saving the Invice?..

Answer / arvind

goods issue account is debited and goods sold account is
credited

Is This Answer Correct ?    4 Yes 0 No

what are the A/c s debited and which A/c s crideted after saving the Invice?..

Answer / tarun

AFTER SAVING INVOICE FOR SALES ORDER:
CUSTOMER A/C DEBIT TO REVENUE A/C CREDIT

FOR CASH SALES:
CASH SETTELMENT A/C DEBIT TO REVENUE A/C CREDIT

Is This Answer Correct ?    4 Yes 0 No

what are the A/c s debited and which A/c s crideted after saving the Invice?..

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

what are the A/c s debited and which A/c s crideted after saving the Invice?..

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

what are the A/c s debited and which A/c s crideted after saving the Invice?..

Answer / vin

Debit posting account receivables account
Credit posting to customer revenue account

Is This Answer Correct ?    0 Yes 0 No

what are the A/c s debited and which A/c s crideted after saving the Invice?..

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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