on 11-24-2007 3:39 AM
hi all,
what is the meaning of offfsetting Iwnt with example
regards sravya
hai,
GRIR is one best example for offset entry. while doing migo the stock a/c will be debited and GRIR account will be credited.
when do the MIGO GRIR a/c Debited and Vendor account will be credited. So in this case GRIR will be the offsetting entry.
hope you will be clear.
award points.
govind.
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