Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Get 50% OFF QuickBooks for 3 months*
Buy nowThank you for your quick response
But I think that my question still stands. According to accrual accounting you earn the money when the service is rendered not when you create the invoice so the P&L should reflect the service date not the invoice date?
I create the invoice when the customer orders the service and I get paid before the service is rendered so I enter the invoice date on the date that I send out the invoice and I enter the service date to reflect the date the service is provided. I think the P&L should run according to the service date not the invoice date?
I have seen that another person asked that Quickbooks should fix this.