question about income account and cash advance account

John Griessen john_g at cibolo.com
Wed Feb 23 15:57:29 EST 2005


Suppose I have an income account called cash advance, and then create an
invoice, and then pay the invoice from the advance.  Would that work OK
to pay an invoice from a current asset instead of an income?

Do you handle this differently and why?

Thanks,

John Griessen

was:
> What would the account flow look like for a prepayment for buying 
> materials?



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