On Wed, 9 Mar 2011, Paul Tammes wrote:
Did you think about using PROJECTS for this?
Paul, Not only did I think about this, but I've used projects since I started with SL about 7 years ago.
If you attach the project to both income (issued retainer invoices or even G/L entries eg. bank debit, project income account credit) and expenses (billed hours, used astationary, whatever) you can then use a simple income statement for the specific project for any given date. Or leave dates blank for an overview over all periods including previous years.
Yes, this should provide an income statement by project (which my accountant would like to frame when they are sufficiently high in dollar value), but not a Statement of Account to be sent to the client.
Only problem I see: You will have to enter the project on all relevant bookings / postings, but I guess timecards are your friend on the income side.
Always done.
Any incoming nvoices related to the project would have to be 'amended' instead of just entering them.
Why? Ammended how? Rich _______________________________________________ SQL-Ledger mailing list [email protected] http://lists.ledger123.com/mailman/listinfo/sql-ledger
