What is the 'Direct Income' of a company?
Income that is earned by providing goods and services to customers.
Income earned on bank deposits
Income earned from investments
Marketing expenses are treated as
Inventory owned by a company reflects in which group in the chart of accounts?
Invoices received from a supplier against which payment is yet to be made represent
Accounts under Assets and Liabilities groups are known as
Balance Sheet Accounts
Profit and Loss Accounts
Accounts under Income and Expenses groups are known as
'Account Type' of account representing the inventory owned by the company should be set to
Cost of Goods Sold
How to freeze the books of accounting till a certain date?
By setting 'Accounts Frozen Till Date' field in 'Accounts Settings'
By setting 'Accounts Frozen Till Date' field in 'Company'
Default accounts for cash, bank, income and expenses can be set in
Can we maintain child-parent relationships between group companies and manage inter-company transactions in ERPNext?
After completing the quiz the Next > button doesn't work. Google Chrome 99.0.4844.51, Win10.