{"id":339,"date":"2018-09-06T14:12:17","date_gmt":"2018-09-06T07:12:17","guid":{"rendered":"https:\/\/www.support.skybizglobal.com\/?p=339"},"modified":"2018-09-06T14:12:17","modified_gmt":"2018-09-06T07:12:17","slug":"what-is-the-journal-entry-goods-issued-for-own-consumption","status":"publish","type":"post","link":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/what-is-the-journal-entry-goods-issued-for-own-consumption\/","title":{"rendered":"What is the journal entry goods issued for own consumption"},"content":{"rendered":"<p><strong>What is journal entry goods issued for own consumption and to be charge into general\u00a0ledger expenses account.\u00a0<\/strong><\/p>\n<p>1. Create New Account under Cost of Goods Sold [Financial Category I15]<\/p>\n<p>Example : I15-5000 Own Consumption<\/p>\n<p>2. You are required to do entry at MyDistribution&gt;&gt;Inventory&gt;&gt;Issue Stock in order to deduct your current stock and reflect to your closing stock value<\/p>\n<p>3. Do journal adjustment between Own Consumption vs Expenses<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is journal entry goods issued for own consumption and to be charge into general\u00a0ledger expenses account.\u00a0 1. Create New Account under Cost of Goods Sold [Financial Category I15] Example : I15-5000 Own Consumption 2. You are required to do entry at MyDistribution&gt;&gt;Inventory&gt;&gt;Issue Stock in order to deduct your current stock and reflect to your ..<\/p>\n<div class=\"clear-fix\"><\/div>\n<p><a href=\"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/what-is-the-journal-entry-goods-issued-for-own-consumption\/\" title=\"read more...\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-339","post","type-post","status-publish","format-standard","hentry","category-distribution"],"_links":{"self":[{"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/posts\/339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/comments?post=339"}],"version-history":[{"count":1,"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/posts\/339\/revisions"}],"predecessor-version":[{"id":340,"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/posts\/339\/revisions\/340"}],"wp:attachment":[{"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/media?parent=339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/categories?post=339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/tags?post=339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}