I am creating a new item under Stock (icon).
Under “In Purchase Item” I have to select the Expense Account & I am not sure about the option to choose.
Kindly help me out in choosing the right option.
I am creating a new item under Stock (icon).
Under “In Purchase Item” I have to select the Expense Account & I am not sure about the option to choose.
Kindly help me out in choosing the right option.
Hi,
Refer following link-
https://manual.erpnext.com/accounts/purchase-invoice
Shraddha Ranjane
New Indictrans Technologies Pvt. Ltd.
@Praveen this is the head under which your item will be booked as expense when you deliver could be raw material, consumables etc based on your business structure. Best to engage and accountant for this.
Thank you all for your support.
.