CenterPoint® Accounting for Agriculture - Transaction: Delivery of Product - General Journal Video - Duration: 3 min 19 sec

Products Document

 

When a product is purchased and not delivered in a prior year and is delivered in the current year, the product needs to be moved from a Prepaid account to a Raw Material account. This video discusses how to enter a General Journal transaction to move the product from the asset Prepaid account and move it to the asset Raw Material account and view the information in the subledger detail.