Solved
invoicing transactions
Hi.
hoping someone can help me. I need to now exactly what transactions are ceated when I create an invoice (allocated to sales), when i match, take payment and allocate.
Hi TBS1
Welcome to the MYOB Community Forum.
When using Accountants Office we don't have viewable transactions as we don't export this data.
For AccountRight etc. when creating an invoice, transactions would be created on the Fee/Sales account (credit) and the Debtors ledger A/c. (debit) When the the payment is received transactions would be created on the Bank Account (debit) and the Debtors ledger a/c. (credit). Thus removing the amount from the Debtors ledger account.
I hope this helps.
