3 ms·
Maintenance invoice issued: DR accounts receivable CR income Maintenance paid DR bank account CR accounts receivable Each apartment is part of accou
by rahimnathwani 4y ago
Maintenance invoice issued:
DR accounts receivable
CR income
Maintenance paid
DR bank account
CR accounts receivable
Each apartment is part of accounts receivable.
Normally accounts receivable has a DR balance (because apartment owners pay you AFTER you invoice them, so they are usually DEBTors).
- sudhirj 4y ago> Each apartment is part of accounts receivable. Like a sub-account? This is probably the mindfuck part. So every apartment owner who opens up their statement is seeing a filtered balance?
- rahimnathwani 4y agoYou could implement it as either a subaccount per customer (in which case the balance is just the sum of all txns in that account) or have 'apartment' as another dimension (field) you store (optionally) for each transaction. Either way you can get a sum of all txns that have hit that apartment's AR account.
- sudhirj 4y agoThanks, let me think about this. This feels counterintuitive to me, and increases complexity a bit.