A response from the trenches
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.
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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