Difference between revisions of "Talk:Quickstart Australian BAS"
From GnuCash
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Revision as of 03:32, 19 July 2023
Hi Christpher, I am not sure exactly how GnuCash works .... thanks for the documentation you have provided.
This text looks strange to me:
"Receiving funds later:
25/10/2020 Accrual Sales Receipt A/Receivable -$110 Asset:Bank +$100"
I would have expected the debit to bank and the credit to AR Control to be the same value. Is it a typo?
regards...
In accrual accounting the GST expense is raised when it is incurred and funds are received later, flywire
