Debit Credit in Microsoft Dynamics 365 Finance and Operations one version D365FO
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Rahul Mohta
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ReportDebit Credit in Microsoft Dynamics 365 Finance and Operations one version D365FO
| REAL ACCOUNTS (e.g. resulting in to a tangible asset) | |
| Debit | Credit |
| What comes in | What goes out |
| e.g. Stock | e.g. Cash |
| PERSONAL ACCOUNTS (e.g. customer/vendor) | |
| Debit | Credit |
| Receiver | Giver |
| e.g. Customer | e.g. Stock |
| e.g. Stock | e.g. Vendor |
| NOMINAL ACCOUNTS (e.g. P&L) | |
| Debit | Credit |
| Expenses | Income |
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