8.3.5.1 Accounting Entries that are Passed
The accounting entries defined for the status change event (STCH) of the bill will be automatically passed when the bill moves from one status to another.
Further, if you have indicated:
- That the accrual entries passed till date should be reversed when the bill moves into a specific status, the function will reverse all the accrual entries booked for the bill till date.
- That the bill amount should be transferred to a new GL head when the bill moves to a particular status, the accounting entries for transferring the bill amount to a new GL head will be automatically passed.
- That the accrued amounts should be moved to a new GL head when the bill moves to a particular status, the accounting entries for transferring the accrued amounts of the bill to the new GL head will be automatically passed.
Parent topic: Automatic Status Changes