At this point I’ll simply suggest referencing an Accounting textbook and/or speaking to a CPA. I’m not getting into a debate about definitions of revenue vs. income and how to treat bad debts in *your* books. As I noted, I’m not dispensing accounting advice. I’m trying to help, best I can, with how to accomplish a task using GnuCash.
Regards, Adrien > On Apr 10, 2019, at 9:50 AM, Greg Feneis <mfen...@gmail.com> wrote: > > Revenue is money you have collected. I don't think an invoiced amount is > revenue until it has been collected. When a payment cannot be collected, that > uncollected payment is not an expense. An expense is revenue spent in > exchange for a good or service. > > Kind regards, Greg Feneis > (Galaxy S7) > > _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
