Create journal entries
1st select income account as credit value and select abc Project
2nd select liablities account as debit value
value goes correct on summary page but project show on direct cost as minus entry as 1st entry as cedit value
but its shows on income please resolve this issue
A debit to a liability account is like a credit to an asset account, the equivalent of a refunded expense. What you see is correct. You have reduced the amount owed as a liability. So the costs of the project are lower.
no …i ll create invoice for client with tax
and tax as a liablities …and many product as exempted …mean i already paid
now will create JV from liablites to as income
The sales invoice already posted the income.