A Customer purchased two Items and paid in cash. The ERPNext user created the Sales Invoice including payment. This is appropriate since the issue of inventory, consent to sell and payment are co-temporal.
Account | Stock Ledger | Debit | Credit |
---|---|---|---|
Cost of Goods Sold | $100.00 | ||
Inventory on Hand | 2 @ $50.00 | $100.00 | |
Accounts Receivable | $100.00 | ||
Sales | $100.00 | ||
Accounts Receivable | $100.00 | ||
Bank / cash account | $100.00 |