Billing in advance

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
December 25, 2021 at 12:29 pm #644809
Hong
Member
- Topics: 26
- Replies: 85
Hi Sir,

Would like to check with you what are the double entries for invoice received in advance from supplier for services yet receive?

Or should the invoice ignored until services are rendered?
December 26, 2021 at 4:31 pm #644874
Stephen Widberg
Keymaster
- Topics: 17
- Replies: 3453
I would not book anything until service received (though some companies may Dr Prepayment Cr Payables)
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.