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CRM | e-Commerce | Accounting | Inventory | PoS | Project management | MRP | etc.
As business wise, when I need to use (create) journal item and when to use journal voucher and when to use voucher entry?
In other words, what are the differences between those kind of journals, so in which cases I will use each of those journals?
Journal Items are lines of a single journal entry. A journal entry (containing several lines=journal items) represents a transaction in the accounting software.
There are different documents that produces journal entries automatically: confirming an invoice, an asset or a journal voucher. So, a journal voucher is a higher level business document to represent a transaction with a customer. For can use it, for example, for sales receipt.
Thanks a lot for the reply and kindly help.
About Journal Voucher and Sales Receipt: The question is, the sales receipt will produce journal voucher and does not produce directly journal entry same as confirming the invoice?
From the other side, is there asset journal? Because I do not see this on my system. Maybe I have to download the account_asset module?
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|Asked: 3/23/13, 7:47 PM|
|Seen: 7066 times|
|Last updated: 3/16/15, 8:10 AM|