My Stuff
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Hi @Patrick Fresnosa-Oracle. When the team speaks of contra-revenue, they mean deferred revenue. They would like to invoice some customer, but instead of debiting A/R, they want to debit this deferred revenue account. If Revenue Recognition is available in our account, I don't see where I can enable it. At this point, the…
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Thanks, Clarisa De Torres-Oracle. This is what I needed.
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Clarisa De Torres-Oracle, This $50,000 USD is a single transaction that took place in September 2023. Two months later, it shows $52k+. I did a quick calculation earlier, using the consolidation exchange rates. With the difference in exchange rate values, the number comes out to almost exactly the new value. It seems like…
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Hi Clarisa. Thanks for your feedback. I don't think this is the issue, but I will add this foreign amount column and see what it shows. This particular bank account is USD. The original amount in USD was $50,000/$67,976 CAD. If I look at the balance sheet now, it shows $52,389.10. Could this be because of the gain/loss in…