Hi Friends,
I was testing the vendor retention scenario for a project, but when I generate the vendor retention invoice vouches entries looks wrong found two entry entries:
I perform the following steps, I create the PO and at the time of Invoicing retained amount and make full invoice. Then from the pending invoice generate the Invoice for the retention.
Entries find at the time of Invoice:
Local Payable Retention Dr.
Project Materials Dr.
Local Accounts Payable Cr.
Purchase Expenditure Cr.
Where as Entries Should be:
Local Payable Retention Dr.
Local Accounts Payable Cr.
Can anyone advise on the reason, did i miss come thing in the setup
