USA basic understanding of GAAP

[BrianT]

How to find valuable resources on GAAP? My friend is doing accounting courses but he is not much techy to find more information on Internet..

 

[stuart80]

Get help from financial advisor or search in Google with keyword as resources on GAAP. This would help you to find what you are looking for.

 

[bsterling]

Is there a way to account for sales discounts on invoices without using a " Discount" account? Our company does not usually accept early payment via discounts but did on this one occasion so we do not have an account set up for purchase discounts. Is their a way to book this entry without decreasing sales?