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Dynamics 365 Community / Blogs / Rahul Mohta blog for Microsoft Dynamics 365 Fin... / Debit Credit for non-financ...

Debit Credit for non-finance users in Microsoft Dynamics 365 Finance and Operations

Rahul Mohta Profile Picture Rahul Mohta 21,014

Debit Credit for non-finance users in Microsoft Dynamics 365 Finance and Operations

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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