Hi Friends,
I need a clarification about bank charges at the time of down paymnet entry in screen f-48 & f-29.
Ex: I paid to vendor 1000/-
Bank charges 50/-
what will be the accounting entry in the above scenario.
Ex: I received from customer 950/- but he transfered 1000/-
Remaining 50/- will be charges
what will be the accounting entry in this time
Thanks in advance
NMB