Profit Margins

Joined
Dec 28, 2011
Messages
2
Reaction score
0
I am a little new to this years end accounting.

I am trying to figure profit margins month by month but this is what I am confused on...

If we receive a bill in January and I post it as a bill in QuickBooks but the bill is not paid until February would the said bill be figured as an expense for the January margin or the February margin?

Thanks!
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,879
Messages
28,066
Members
23,091
Latest member
93ul2GsfpAov7

Latest Threads

Top