Re: How do I pass an expense on to my client?

On Wed, 17 May 2006, Dirk Enrique Seiffert wrote:

> You might setup this as an inventory account! - You buy a ticket, and sell
> a ticket. Without margin though. Meanwhile the amount stays in an asset
> account.

   IANAA, but the "ticket" account is an expense. The invoice is an asset that
posts first to accounts receivable, then to the appropriate revenue
account(s). Of course, the final authority on where to post monies comes from
our accountants.

Rich

-- 
Richard B. Shepard, Ph.D.             |  The Environmental Compliance
Applied Ecosystem Services, Inc.(TM)  |          Accelerator
<http://www.appl-ecosys.com>     Voice: 503-667-4517      Fax: 503-667-8863


_______________________________________________
sql-ledger-users mailing list
sql-ledger-users-5NWGOfrQmneRv+LV9MX5uipxlwaOVQ5f@public.gmane.org
https://lists.sourceforge.net/lists/listinfo/sql-ledger-users