Hi all,
I have loaded budget entries for revenue with amount type, "Revenue". I turned on budget with the budget configuration setup. This works fine for my expense budget. However, for my revenue budget, I feel like something is missing regarding the posting definition, posting transaction.
For Posting definition, I did the following. My revenue main account is 410000 (with main account type=Revenue). But here, i used the below main account "300160" with main account type=P&L. Because I read somewhere for budget to work the main account type either has to be expense or P&L.
Then in Posting Transaction, i did the following:
I did not do any setup in my Inventory Posting Profile. After that, when I do sales and invoice, I was unable to see it deducted from revenue but in my actual expenditure, it will deduct it.
Please help me identify what I missed in setup.
Thank you!