Entering invoices in the transaction rows.

Before proceeding with the creation of invoices, it is necessary to establish the accounting method. The methods are as follows:

• Accounting and invoice issuance based on turnover.
  • Issued invoices are immediately recorded and accounted for.
  • Revenue is recognized at the time of invoice issuance.
  • Customer sub-ledger through balance sheet accounts.
• Accounting and invoice issuance based on cash received.
  • Issued invoices are recorded only at the time of payment.
  • Revenue is recognized only when the invoice is actually paid, recording transactions at the time of collection.
  • Customer sub-ledger through CC3 profit centers.
• Accounting and invoice issuance with net tax rate method.
  • Invoices are issued with a different rate than the one accounted for.
  • Revenue is recognized only when the invoice is actually paid, recording transactions at the time of collection.
  • Customer sub-ledger through CC3 profit centers.