Allowed | Value Description |
---|---|
Inventory | To be used for items whose stock needs to be tracked. |
Sales | To be used for an item that would only be sold. |
Purchases | To be used for an item that would only be purchased. |
Sales and Purchases | To be used for the items that would be used for both selling and purchasing. |
Note: For an Inventory item, ensure that sales and purchase information is also added.
Books
Simplify accounting
and GST filing.