Talk:Quickstart Australian BAS
From GnuCash
Revision as of 12:16, 28 July 2023 by Christopherlam (talk | contribs)
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?
==> yes typo, good catch. fixed.
regards...
In accrual accounting the GST expense is raised when it is incurred and funds are received later, flywire
