Thanks for your reply. Yes, I know I can set it up either way. What I'm asking is advice on the BEST way to set up grant tracking. The grant reimburses us for a...
Thanks for the reply. Frankly I'm surprised. Proper accrual accounting requires you to post expenses and liabilities as of the date it's incurred, not when you ...
I appreciate the response, but this still doesn't make any sense. I understand that a credit card account is a liability and the "normal" balance should be a cr...
