The Builder paid the Maintenance amount on behalf of units. How to account this on ADDA?
Follow the steps below to meet your requirement:
Step 1 - Create a Builder A/c GL under General Ledger>>Chart of Accounts>>Liability
Step 2 - Pass the following journal entry:
Bank A/c.......Dr (Asset)
Builder A/c....Cr (Liability)
Step 3 - Go to Income Tracker>>Member Income>>Click on the Invoice tab against the unit you wish to issue the credit the amount >>Click on Post General Credit note tab available at the bottom of the page>>Fill in the required details>>Post a credit note
Step 4 - Pass the following adjustment journal entry:
Builder A/c.......Dr
Credit note A/c.......Cr
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