Hi Experts,
I would like to ask what possible reasons why during creation of A/P CM, an additional account has been created.
Entry created is this:
dr: A/P- Vendor code 72,345.41
cr: Input tax 7,751.29
Inventory 24,584.50
Miscellaneous Exp 40,009.62
My contention is the Miscellaneous entry created amounting to 40,009.62. It should only be:
dr: A/P- Vendor code 72,345.41
cr: Input tax 7,751.29
Inventory 64,594.11
Why did the system created the additional entry? What might be the possible reason for this behavior?
Thanks,
Don