Skip to Content
author's profile photo Former Member
Former Member

what is the meaning of offfsetting Iwnt with example

hi all,

what is the meaning of offfsetting Iwnt with example

regards sravya

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • author's profile photo Former Member
    Former Member
    Posted on Nov 24, 2007 at 04:53 AM

    hai,

    GRIR is one best example for offset entry. while doing migo the stock a/c will be debited and GRIR account will be credited.

    when do the MIGO GRIR a/c Debited and Vendor account will be credited. So in this case GRIR will be the offsetting entry.

    hope you will be clear.

    award points.

    govind.

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.