It is exactly like you said. The mistake I did was that I entered Inventory
ID instead of product id while creating purchase invoice (for the inventory
item i received).

On Sat, Mar 21, 2009 at 4:22 AM, Sharan-F <[email protected]> wrote:

>
> Hi Muhammad
>
> For a Purchase Order Receive, Invoice and Payment process I would think
> that
> you should get:
>
> Shipment Receipt = DR Inventory / CR Uninvoiced Shipment Receipts
> Purchase Invoice = DR Uninvoiced Shipment Receipts / CR Accounts Payable
> (Note: I havent taken any Sales Tax into account here!)
> Outgoing Payment = DR Accounts Payable / CR Company Cheque Account
>
> What accounting entries do you getting for your Purchase Invoice? I'm
> interested as I'm doing some OFBiz documentation on Accounting.
>
> Thanks
> Sharan
>
>
> Muhammad Aamir wrote:
> >
> > Yes, this is what I am saying. How can I get 'UNINVOICED ITEM RECEIPTS'
> as
> > debit as I pay for the item I received?
> >
> > Thanks
> >
> > On Sat, Mar 21, 2009 at 12:20 AM, BJ Freeman <[email protected]>
> wrote:
> >
> >> -----BEGIN PGP SIGNED MESSAGE-----
> >> Hash: SHA1
> >>
> >> in a dual entry system there is a debit with a balancing credit or vice
> >> a versa.
> >> so you should be getting an new entry as a debit.
> >>
> >> or that may be what you were saying.
> >>
> >>
> >> Muhammad Aamir sent the following on 3/20/2009 2:15 PM:
> >> > When I create a purchase order and finally receive the shipment it
> >> increases
> >> > the inventory and create an accounting transaction with 'Inventory;
> >> debit
> >> > and 'UNINVOICED ITEM RECEIPTS' as credit.
> >> >
> >> > However when I create an invoice and after that make a payment, it
> >> deosn't
> >> > reverse the 'UNINVOICED ITEM RECEIPTS' transaction entry as debit.
> >> >
> >> > Any help, comments?
> >> >
> >> > Thank you
> >> > Muhammad Aamir
> >> >
> >> -----BEGIN PGP SIGNATURE-----
> >> Version: GnuPG v1.4.6 (MingW32)
> >> Comment: Using GnuPG with Mozilla - http://enigmail.mozdev.org
> >>
> >> iD8DBQFJxAiIrP3NbaWWqE4RAsYjAKCGM+d8rcpwS2Oo/ly1IIANw9Px6gCgnzix
> >> 1h6Ngc7NUQXpY1PKi8kwDwE=
> >> =tF/M
> >> -----END PGP SIGNATURE-----
> >>
> >
> >
>
> --
> View this message in context:
> http://www.nabble.com/Uninvoiced-Shipment-Receipts-tp22628965p22631682.html
> Sent from the OFBiz - User mailing list archive at Nabble.com.
>
>

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