COS Automatic Journal
Greentree Desktop
posts to debit and credit accounts when processing an automatic COS journal.
The posting occurs when the JC costs are invoiced using the JC Invoice
Entry form:
- Debit - Debit the cost
of sales account specified on the job cost activity code assigned
to the original cost.
- Credit - Credit the original
account that was debited (usually work in progress) in relation to
the original cost.