I bought a stock from a vendor and he gives me the 5% discount on total bill. So I added a journal entry of Misc. Income on credit side. Now my profit and loss statement is showing the Misc. Income in Negative. It is the only entry in this category. Where i am making the mistake?
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Hello Mahesh,
odoo is based on double entry accounting
I would suggest you to use erp system with flow, please create vender biill, receive goods by validating receipts and make a payment then check P&L statement.
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CandidRoot Solutions Private Limited
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Thanks & Regards,
CandidRoot Solutions Pvt. Ltd.
Mobile: (+91) 8849036209
Email: info@candidroot.com
Skype: live:candidroot
Web: https://www.candidroot.com
Address: 1229-1230, Iconic Shyamal, Near Shyamal Cross Road, Ahmedabad, Gujarat 380015
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