"Inventory Values are affected" in party a/c or sales a/c?
stufflearn (Practioner) (102 Points)
06 February 2010stufflearn (Practioner) (102 Points)
06 February 2010
subramanya
(Professional)
(907 Points)
Replied 08 February 2010
Originally posted by : stufflearn | ||
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". |
For Sales A/c you have to set 'Yes' for 'Inventory values are affected" not for Party a/c