SALES INCOME REPORTING
When does a transaction count as "Sales Income". When I issue a P.O. to my factory to manufacturer? when I invoice the customer? When I record the payment?
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11/08/10 5:13pm PST
Viewed by asker 11/08/10 6:15pm PST
Viewed by asker 11/08/10 6:15pm PST
1 Reply
raywhite28
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11/08/10 5:16pm PST
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The solution
Accrual method - When invoice
Cash method - when receive payment
Hope this helps. If so please mark solved, if not please ask more questions. Thanks!
