Thank you. That's what I knew I had to do, I just don't know which expense account to debit. What kind of expense account can I use for not collecting money owe...
@BigRedConsultingThanks for your response. However, when I attempt to enter as a credit or "backward bill" it says I cannot have a negative credit. It also says...
@RustlerRegarding "non inventory" items used for production, I had been entering them as COGS. If I entered them as Cost of Sales (expense) instead, would the b...
Ok, thank you for the clarification regarding journal entries only being for adjusting. I did not realize that.Also, I agree that little things like screws shou...
