Post Payment:
Credit Mill Claims Due and Debit Claims in Process
AP Credit Received from Supplier
Debit AP and Credit Cost of Claims
Bill Claim
Debit Mill Claims Due and Credit AR Unbilled
Deliver
Credit Inventory and Debit WIP Material
Book
1. Credit WIP material and WIP Labor (debited when you add provider record) and debit Cost of Claims
2. Debit AR Unbilled and Credit Claim in Process
Comments
Article is closed for comments.