Third party accounting entries

[Former Member]

Hi SD Gurus,

Could you please tell me what are accounting entries in Third party sales process.

Thanks & Regards,

Nivas

[former_member266852 · Accepted solution]

Hii,

In Third party the same accounting entry generates as like normal invoice for Customer

For Third Party Customer entry is

Customer Dr.

Discount Dr.

Sales Revenue Cr.

Taxes Cr.

Invoice Varification of Vendor (MIRO)

Vendor Cr

GR/IR Dr

Regards

Shambhu Sarkar

Edited by: SHAMBHU SARKAR on May 15, 2011 11:12 AM