Hello, Guest   |   Login here

TT19 Recognise Sale/TT20 Recognise Receipt of Payment Licenses Sold

Typical Transaction 19
Example: New unit sale price 60,000
TT19 and TT20 are related. TT19 recognise the sale of licenses at the new unit price while TT20 recognise the payment for the sale in TT19. Accounting procedure is as follows: > First, in TT19 enter "New Price": 60,000 > Second, click "Apply Change"
The entries for this transaction in the Accounting System can be seen here, 

Subscribe today and learn the fundamentals

Hello,
It seems you don't have access to the exclusive content of The Course.

In order to gain access to the content of The Course you will have to register with EntreprenAble. Membership with EntreprenAble will also give you access to our interactive Business Game and Accounting Simulations.

Subscribe today and get:

  • Unlimited website access to The Course
  • Optimized view for Desktop, Tablet and Mobile devices
  • Free 7-day, no obligation trial - normally £15
Start free trial
Test-drive the system for free