Hello all,
I would like to get guidance on how to setup the finance charges and how the posting should be rflected for both AR & AP.
For AR whenever I release my payment the posting is like :
Cash A/c : Dr (including my Fin charge)
AR A/c : Cr
Charges fee : Cr (fin charge)
Simply in AP it is like:
Cash A/c : Cr (amount)
Cash A/c : Cr (fin charge)
AR A/c : Dr (amount)
Charges fee : Dr (fin charge)
How can I setup the AR thing to my AP module posting?