USA Texas Lottery Accounting Entry


Joined
Oct 28, 2018
Messages
1
Reaction score
0
Country
us
I am having trouble posting the drafts to my books. You have ticket packets sold to us, actual tickets sold to customers, cash paid out to customers and commission earned on sales. It comes out as a draft. I know that it should not be on the P & L (except for the commission) and probably should be set up as Lottery Payable and the entries in and out of that account but i cannot get it straight. Any help would be appreciated.
 

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

Top