Cheat Sheat Debit Credit Dynamics 365 Finance and Operations

Basic

Company receives value	Debit
Company owes money	Credit
Inventory comes in	Debit Inventory
Inventory goes out	Credit Inventory
Vendor invoice	Credit Vendor
Customer invoice	Debit Customer
Cash received	Debit Bank
Cash paid	Credit Bank

Full list

Module	Topic / Transaction	Debit (Dr)	Credit (Cr)
Procurement & Sourcing	PO Product Receipt	Inventory	GRNI (Goods Received Not Invoiced)
	PO Invoice (after receipt)	GRNI	Vendor (AP)
	PO Invoice (no receipt)	Expense / Inventory	Vendor (AP)
	Vendor Payment	Vendor (AP)	Bank
	Vendor Credit Note	Vendor (AP)	Expense / Inventory / GRNI
Sales & Marketing	Sales Order Invoice	Customer (AR)	Revenue
	Sales Tax on Invoice	Customer (AR)	Output Tax
	Cost of Goods Sold	COGS	Inventory
	Customer Payment	Bank	Customer (AR)
	Customer Credit Note	Revenue / Tax	Customer (AR)
Inventory Management	Inventory Receipt	Inventory	GRNI
	Inventory Issue	COGS / Expense	Inventory
	Inventory Adjustment Increase	Inventory	Inventory Gain
	Inventory Adjustment Decrease	Inventory Loss	Inventory
	Inventory Revaluation	Inventory	Revaluation Offset
General Ledger	General Journal Expense	Expense	Bank / Accrual
	Accrual Entry	Expense	Accrued Expense
	Accrual Reversal	Accrued Expense	Expense
	Allocation	Target Cost Center	Source Cost Center
Accounts Payable	Vendor Invoice	Expense / Inventory / GRNI	Vendor (AP)
	Vendor Prepayment	Vendor Prepayment	Bank
	Apply Prepayment	Vendor (AP)	Vendor Prepayment
Accounts Receivable	Customer Invoice	Customer (AR)	Revenue
	Customer Receipt	Bank	Customer (AR)
	Customer Write-off	Bad Debt Expense	Customer (AR)
Fixed Assets	Asset Acquisition	Fixed Asset	Vendor (AP)
	Asset Acquisition (Cash)	Fixed Asset	Bank
	Depreciation	Depreciation Expense	Accumulated Depreciation
	Asset Disposal (NBV)	Accumulated Depreciation / Loss	Fixed Asset / Gain
Project Management	Project Expense	Project Cost	Bank / Vendor
	Project Revenue	Customer (AR)	Project Revenue
	WIP Capitalization	WIP	Project Cost
	WIP Elimination	COGS	WIP
Human Resources / Payroll	Payroll Accrual	Salary Expense	Payroll Liability
	Payroll Payment	Payroll Liability	Bank
	End of Service Accrual	EOS Expense	EOS Provision
Budgeting	Budget Register Entry	No GL Impact	No GL Impact
	Budget Transfer	No GL Impact	No GL Impact
Cash & Bank Management	Bank Receipt	Bank	Customer / Income
	Bank Payment	Vendor / Expense	Bank
	Bank Charges	Bank Charges Expense	Bank
Tax (VAT)	Purchase VAT	Input Tax	Vendor (AP)
	Sales VAT	Customer (AR)	Output Tax
	VAT Settlement	Output Tax	Input Tax / Tax Payable
Intercompany	Intercompany Sales	Intercompany Customer	Intercompany Revenue
	Intercompany Purchase	Expense / Inventory	Intercompany Vendor
Production / Manufacturing	Raw Material Consumption	WIP	Raw Material Inventory
	Finished Goods Receipt	Finished Goods Inventory	WIP
	Production Variance	Variance	WIP
Asset Leasing	Lease Recognition	Right-of-Use Asset	Lease Liability
	Lease Payment	Lease Liability / Interest	Bank
	Lease Depreciation	Depreciation Expense	Accumulated Depreciation

Disclaimer: Please note this is my personal post and if your ERP crashes and traveling at the speed of light, I am not responsible.