K
Kevin
I am considering Accounting 2009. Our business requires customers to prepay
for service. We invoice our customers for one year of service, they prepay
for the year and revenue is accrued monthly.
Can Microsoft Accounting handle this naturally (in an automated fashion)?
If it can, could someone advise me of the general procedures? I want to
examine how it shows against invoice, customer, accounts, on balance sheet
and net income statement.
I am comfortable with the fundamental accounting transactions, but no sure
how Office Accounting 2009 handles this or makes it work well.
for service. We invoice our customers for one year of service, they prepay
for the year and revenue is accrued monthly.
Can Microsoft Accounting handle this naturally (in an automated fashion)?
If it can, could someone advise me of the general procedures? I want to
examine how it shows against invoice, customer, accounts, on balance sheet
and net income statement.
I am comfortable with the fundamental accounting transactions, but no sure
how Office Accounting 2009 handles this or makes it work well.