Examples of advance payment journalising
Sales orders with advance payment have different journal entries.
Also refer to the configuration of article group(s).
In the case of an advance payment of a sales invoice you will have the following journal entries:
Account |
Debit |
Credit |
Cost price of sales |
-,- |
|
To Articles to be delivered |
|
-,- |
Account |
Debit |
Credit |
Cost price of sales |
-,- |
|
To Articles to be delivered |
|
-,- |
You will have the following journal entry for the stock:
Account |
Debit |
Credit |
Articles to be delivered |
-,- |
|
To Stock |
|
-,- |
If the fixed transfer price (VVP) changes in the mean time you will get a revaluation entry when you create the packing slip.
Account |
Debit |
Credit |
Articles to be delivered |
-,- |
|
Stock |
-,- |
|
To Stock revaluations |
|
-,- |
|
Directly to |