A response from the trenches

E Dodd edodd at billiau.net
Mon Apr 25 01:44:57 EDT 2005

On Monday 25 April 2005 13:15, Derek Atkins wrote:
> I'll also note that by definition you can't do invoicing in a non-accrual
> basis. By definition an invoice IS an accrual.  It's just a question of how
> you report it at the end.
> -derek
our problem, then, is the failure of the tax office to use terminology 
for most businesses we report 'cash' if our trading is less then $1M per 
others report 'accrual'

Any woman is a volume if one knows how to read her.

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