PARTICULARS

Sales order entry

No Accounting

DR

CR

SPL NOTES

ACCOUNT IS PULLED FROM

100

At Standard Cost
At Standard Cost(Staging)

Sub-inventory Material A/c Setup

Sub-inventory Material A/c Setup

It can be fetched from five

places
At Standard Cost

Master Item/Org/Order Type/Line

Type/Shipping Params
Sub-inventory Material A/c Setup

After revenue recognition

Inventory Org parameters

Sales Order Pick

From Sub Inventory A/c
To Sub Inventory A/c

100

Sales Order Issue

Deferred COGS

100

To Sub Inventory A/c

COGS
Deferred COGS

100
100
100

Transaction level
Receivable A/c
Tax A/c
Freight A/c
Revenue A/c

120

Auto Accounting
Auto Accounting
Auto Accounting
Auto Accounting

10
10
100

Receipts
Receipts with no
remittance method
Cash

100

Unapplied A/c
Unapplied A/c

100
100

Receivables A/c
Cash A/c
Unidentified A/c

100

Unidentifed A/c

100

Unapplied A/c
Receipts with remittance
method.

Before application of the

receipt

Receipt class
Receipt class

After application of the

receipt to the transaction

Receipt class

100

Receipt class

100

Receipt class
Receipt class

In case of receipt without

customer or transaction
when customer
indentified

100

Receipt class
Receipt class

Confirmed receipts A/c

Unapplied A/c

100

Remitted receipts A/c

Confirmed receipts A/c

100

Cash
Remitted receipts A/c

100

At the time receipt entry

Receipt class
Receipt class

On remittance to bank

Receipt class
Receipt class

On clearance of cheque

Receipt class
Receipt class

At the time earned

discounts

Bank

100

100

100

Receipts with
discount/unearned
discounts
Cash

90

Discount earned A/c

Receivable A/c

10

Cash

90

Discount unearned A/c

Receivables A/c

10

Receivable activity
Transaction Type

100
At the time of unearned
discount
100

Bank
Receivable activity
Transaction type