**DELIVERY LATER WILL NOT CONTINUE FROM JAN 2023**
Delivery Later must refer to SO and the sales invoice to be issued before delivery note.
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Sample entries for delivery later as below:
Transaction | Dr. | Cr. | |
---|---|---|---|
Sales Invoice | Entry 1 | COGS | Inventory |
Entry 2 | Inventory | GOGS | |
Entry 3 | Sales | Account Receivable | |
Shipment (Delivery note) | Entry |
1 | COGS (Interim) | Inventory (Interim) |