ERRM Postings Chart - Regular Billing

Regular Billing

Postings Chart Regular Billing

Process	Debit	Credit
Receive Inventory	Inventory in Uncosted	Accrued Inventory for Costing
Cost Material	Inventory	A/P
	Accrued Inventory for Costing	Inventory In Uncosted
Print Delivery Ticket	Work in Process Material	Inventory
Post Provider Records	Work in Process Labor	Accrued Labor
Book the Sale	A/R Unbilled	Work in Process Material
	Cost of Goods Material	Work in Process Labor
	Cost of Labor	Sales
Bill the Sale	A/R	A/R Unbilled
Post a Payment	Receipts Not Deposited	Payments received on or before the Bill Date will credit Customer Deposits, Payment received after the Bill Date will credit A/R
Post a Deposit	Checking	Receipts Not Deposited