openerp-expert-accounting team mailing list archive

[Nhomar Hernández <nhomar@xxxxxxxxx>]

2013/11/21 Ferdinand <office@xxxxxxxxxx>

> In the USA, money you receive from a customer prior to goods or services
> being provided is a LIABILITY, not revenue, so it cannot be credited to AR.


I am sorry if I make a confusion.

When I said "Prepaid - Income" It is:


http://accounting-simplified.com/prepaid-income.html

Sorry for the confusion.

Regards.

BTW in OpenERP we are managing with "receivable" account, but it is seen
ugly by some accountants.




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