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Accounting enrty for Check receipt for scrap sale in FBCJ - Cash Journal

Dear All Experts,

Good Morning !

I have to setup a business transaction where my user is getting a cheque for miscellaneous incomes. Like scrap sale, commission received. Currently need to setup for above to scenario's.

1 ) Scrap Sale.

2 ) Commission Received.

Can I have experts help for setting up these transaction ? And what would be accounting enrty will be for this with posting keys.

Exprts guidance / help will be very much appreciable.

Thank you !

Regards,

Revati Joshi.

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3 Answers

  • Best Answer
    Posted on Dec 12, 2011 at 06:04 AM

    The actual accounting entry will be

    Bank A/c Dr

    To Scrap sales/Misce. Income

    If you do not have the Business transactions set up for "Misce. Income or Scrap sales revenue....please add them in FBCJC2.

    Your problem would solve with this

    Thanks

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  • Posted on Dec 12, 2011 at 05:54 AM

    Check here

    SPRO-Financial Accounting (New)-Bank Accounting-Business Transactions-Cash Journal............Check here all nodes

    and particularly transaction code FBCJC2 (Create, Change, Delete Business Transactions)

    Srinivas

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 12, 2011 at 06:30 AM

    Hi,

    These entries may useful for you.

    A) Customer A/c Debit

    Scrap sales A/c Credit.

    B) Incoming check clearing A/c Debit

    Customer A/c Credit

    C) Bank A/c Debit

    Incoming check clearing A/c Credit

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