I've created a quote for services over 12 months. This has been accepted by the client, contract signed, and is based on billing each month.
How do I show this as A/R on my balance sheet? Do I have to create 12 separate invoices now with invoice dates for each month?
My preference is to show the the total contract amout as A/R, and generate invoices monthly as they're due.
Seeking clarity on how to manage this (as it will be ongoing with the nature of my work).
GW
