Thanks a lot for help. I want to know suppose there is purchase order , on change of invoice status from approved to ready state 1 ECA is called "createAcctgTransForPurchaseInvoice" which register transactions for particular invoice.It register both debit and credit entry. When payment is received for this purchase order then again 1 ECA gets called "createAcctgTransAndEntriesForIncomingPayment".It creates debit entry.
It means for purchase order 3 transactions are registered in ledger? --Thanks in advance On Thu, Jan 23, 2014 at 1:05 AM, Pierre Smits <[email protected]>wrote: > Hi Nandani, > > Welcome. > > Yes, in order to have correct financial reports like the trial balance and > cash flow statements you can say that doing the financial registrations of > the payments and the subsequent gl transactions is a requirement. > > Regards, > > Pierre Smits > > *ORRTIZ.COM <http://www.orrtiz.com>* > Services & Solutions for Cloud- > Based Manufacturing, Professional > Services and Retail & Trade > http://www.orrtiz.com > > > On Wed, Jan 22, 2014 at 5:41 PM, Nandani Aggarwal < > [email protected]> wrote: > > > I want to maintain accounting for my organization.While placing purchae > and > > sales order , payment is created and updated using createPayment and > > createOrderPaymentPreference and is updated too. > > Is it require to create new transaction for payment to maintain reports > > like trial balance, cash flow statements.? > > > > > > > > Thanks-- > > Nandani Aggarwal > > > -- Nandani Aggarwal
