What Kind Of Records Are Updated By The System When You Post Goods Is

1.	What Kind Of Records Are Updated By The System When You Post Goods Issued In A Delivery?
Answer» When the goods are transferred to the customer then the goods issue is posted in a delivery. Once the goods issue is posted, the SYSTEM updates various records, such as REDUCING the stock in hand and INCREASING the amount of goods sold that is Debit COGS & Credit Inventory ACCOUNT. When the goods are transferred to the customer then the goods issue is posted in a delivery. Once the goods issue is posted, the System updates various records, such as reducing the stock in hand and increasing the amount of goods sold that is Debit COGS & Credit Inventory account.

What Kind Of Records Are Updated By The System When You Post Goods Issued In A Delivery?

Answer»

When the goods are transferred to the customer then the goods issue is posted in a delivery. Once the goods issue is posted, the SYSTEM updates various records, such as REDUCING the stock in hand and INCREASING the amount of goods sold that is Debit COGS & Credit Inventory ACCOUNT.

When the goods are transferred to the customer then the goods issue is posted in a delivery. Once the goods issue is posted, the System updates various records, such as reducing the stock in hand and increasing the amount of goods sold that is Debit COGS & Credit Inventory account.

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