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auto-accounting in ar [message #249025] Tue, 03 July 2007 01:55 Go to next message
bhanu222
Messages: 35
Registered: July 2006
Location: bangalore
Member
hi,
can anybody tell me about auto - accounting in AR

thanks in advance

regards
bhanu

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Re: auto-accounting in ar [message #249651 is a reply to message #249025] Thu, 05 July 2007 07:54 Go to previous message
vin_odks
Messages: 153
Registered: July 2006
Location: -
Senior Member
Auto-accounting , the name itself implies their usage.

They are used to automatically generate AR accounts , using the Account Generator Engine.

There are various types of accounts for recording or offsetting AR transactions like Revenue account,Receivable account,Tax account,Frieght account etc.

In order, to generate accounts for these account types, Auto accounting are used.

Eg: How do you wish to record your revenue account for each transaction ? ie , In simple terms,how should the revenue account's code combination look like ???


Regards
Vinod

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