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The accounting entries for sales order shipments are as follows:

Account	Debit	Credit
Cost of Goods Sold account @ current average cost	XX
Organization Valuation accounts @ current average cost		XX

Based on the rules you define in Order Entry/Shipping, the Account Generator dynamically creates the cost of goods sold account.

Attention: You do not create any accounting information when you ship from an expense subinventory or ship an expense inventory item.

See Also