From 03eb44d17b95c4ddee5d1645d9a64fe9be828fc2 Mon Sep 17 00:00:00 2001 From: steffeydev Date: Mon, 3 Feb 2025 23:10:53 +0000 Subject: [PATCH] Update Accounts Receivable - Current Process --- Accounts Receivable - Current Process.-.md | 5 ++++- 1 file changed, 4 insertions(+), 1 deletion(-) diff --git a/Accounts Receivable - Current Process.-.md b/Accounts Receivable - Current Process.-.md index e3abe98..cb28933 100644 --- a/Accounts Receivable - Current Process.-.md +++ b/Accounts Receivable - Current Process.-.md @@ -10,4 +10,7 @@ How they handle AR (for SNW/Lowe/NUCO): - Enters invoices and credits into QBD manually, but does not apply credit yet. Invoice is entered with only general numbers, less detailed than QBO. - Reconciles total sales number for week - Filter QBO interface for payments for last week, and enter them into QBD. Also apply credit memos -- Checks and credit cards are handled at different times, but eventually are entered as payments into both QBO and QBD. They may be batched and recorded into QBD as lump sums. \ No newline at end of file +- Checks and credit cards are handled at different times, but eventually are entered as payments into both QBO and QBD. They may be batched and recorded into QBD as lump sums. + +Company Structure: +- All companies are accrued, but they report the sales tax on a cash basis \ No newline at end of file