Accounting of electronic payment transaction accounts

This table shows the accounting for non-electronic payment orders in Billing:

Account	Debit or Credit
Accounts Receivable	Debit
Sales	Credit
Cost of Goods Sold	Debit
Inventory	Credit

This table shows the accounting for electronic payment orders in Billing:

Account	Debit or Credit
EP Account	Debit
Sales	Credit
Cost of Goods Sold	Debit
Inventory	Credit

Since you are not creating a receivable for your customer, the electronic payment account is credited until settlement is received. You can assign an account to use for EP transactions when you set up Billing.

See Billing setup.