Fix account type formatting

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Raffael Meyer
2018-11-25 02:12:42 +01:00
committed by GitHub
parent fadee2553b
commit a2106dbf50

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@@ -122,17 +122,50 @@ scenario like Bank Account or a Tax Account and has no effect on the Chart
itself.
Explanation of account types:
- **Bank:** The account group under which bank account will be created.
- **Cash:** The account group under which cash account will be created.
- **Cost of Goods Sold:** The account to book the accumulated total of all costs used to manufacture / purchase a product or service, sold by a company.
- **Depreciation:** The expense account to book the depreciation of the fixed assets.
- **Expenses Included In Valuation:** The account to book the expenses (apart from direct material costs) included in landed cost of an item/product, used in Perpetual Inventory, .
- **Fixed Asset:** The account to maintain the costs of fixed assets.
- **Payable:** The account which represents the amount owed by a company to its creditors.
- **Receivable:** The account which represents the amount owed by a company by its debtors.
- **Stock:** The account group under which the warehouse account will be created.
- **Stock Adjustment:** An expense account to book any adjustment entry of stock/inventory, and generally comes at the same level of Cost of Goods Sold.
- **Stock Received But Not Billed:** A temporary liability account which holds the value of stock received but not billed yet and used in Perpetual Inventory.
* **Bank**
The account group under which bank account will be created.
* **Cash**
The account group under which cash account will be created.
* **Cost of Goods Sold**
The account to book the accumulated total of all costs used to manufacture / purchase a product or service, sold by a company.
* **Depreciation**
The expense account to book the depreciation of the fixed assets.
* **Expenses Included In Valuation**
The account to book the expenses (apart from direct material costs) included in landed cost of an item/product, used in Perpetual Inventory.
* **Fixed Asset**
The account to maintain the costs of fixed assets.
* **Payable**
The account which represents the amount owed by a company to its creditors.
* **Receivable**
The account which represents the amount owed to a company by its debtors.
* **Stock**
The account group under which the warehouse account will be created.
* **Stock Adjustment**
An expense account to book any adjustment entry of stock/inventory. Generally comes at the same level of Cost of Goods Sold.
* **Stock Received But Not Billed**
A temporary liability account which holds the value of stock received but not billed yet and used in Perpetual Inventory.
### Creating / Editing Accounts