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The following are the T-Accounts for the most common postings in Design Manager. The Accounts are shown for normal processing. Void and credit functions generally reverse the transactions shown by simply reversing the Debit and Credit sides of the transaction.
Accounting Cheat Sheet:
To Increase the following Account Types
Asset - Debit the account
Liability - Credit the account
Equity - Credit the account
Revenue - Credit the account
COGS - Debit the account
Expense - Debit the account
To Decrease the account, do the opposite action of above.
Account Types that appear on the Balance Sheet: Asset, Liability, Equity
Account Types that appear on the Income Statement: Revenue, COGS, Expenses.