Hello friends, I am a software developer working on contract. For some time now I am trying to grasp some basic accounting ideas and implement them with LSMB in order to keep track of my books. You could congratulate me with quite of success. ;)
So far, I manage my normal process: time cards -> sales order -> sales invoice -> payment. But I have a special case that I am not sure how to handle. My client pays me a bonus one payment a year. In effect that is an extra payment that is not directly related to particular work done (hours) and I do not submit an invoice for that reason. Could somebody advise me how to enter such transaction in LSMB and how should look like from the accounting standards point of view. Should it be entered as a General Ledger transaction? If so, which account would be debit and which credit? Any help is greatly appreciated. Thanks, luxe ------------------------------------------------------------------------- This SF.net email is sponsored by: Microsoft Defy all challenges. Microsoft(R) Visual Studio 2008. http://clk.atdmt.com/MRT/go/vse0120000070mrt/direct/01/ _______________________________________________ Ledger-smb-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
