Hi Friends,
Please let me know the use of automatic debit position and manual debit position.
How can I achieve below scenario throught two-step procedure:
Interest due: need to post by FWSO
Entry: Dr Interest receivable 1000
Cr Interest Income 1000
Interest Payment: Need topost by FWZE
Entry: Dr Cash/bank 1000
Cr Interest receivable 1000
Kindly suggest me what configuration steps required to achieve this one.
Thanks,
Naga