Re: booking taxes when invoice is paid

[fred blauer <..hidden..>]

It depends on when the goods were delivered or the services provided. We need to know the nature of the transactions, if you want to look at the proper accounting treatment.

On Fri, Feb 19, 2010 at 1:51 PM, Chris Travers <..hidden..> wrote:

On Fri, Feb 19, 2010 at 10:49 AM, Chris Travers <..hidden..> wrote:
> On Fri, Feb 19, 2010 at 10:42 AM, Janeks <..hidden..> wrote:
>> O'k!
>> It's clear, but how it will live in LedgerSMB invoicing and payment
>> followups system?
>
> Let me ask a different question:  Is everything you do taxable at the
> same rate?  There may be a better way.

Also, would it be acceptable to handle it on accrual and then adjust
based on unpaid?

Best Wishes,
Chris Travers

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