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GL Accounts for Invoiced Orders

Solution When you invoice an order the following GL accounts are normally affected:

Cost of Goods Sold
Sales

Inventory
Accounts Receivables

When the payment is made on the invoice, Accounts Receivable, and the Payment Method accounts are affected.
 
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Article details
Article ID: 226
Category: Ledger
Date added: 2010-11-08 14:53:57
Views: 306
Rating (Votes): Article rated 3.2/5.0 (33)

 
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