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TBS1's avatar
TBS1
Member
6 years ago
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.
  • nickypic's avatar
    nickypic
    6 years ago

    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.

     

     

nickypic's avatar
nickypic
Former Staff
6 years ago

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.

 

 

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