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Cash rebate paid in 2020 based upon 2019 purchases  

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(@sonia-8)
Joined: 6 months ago
Posts: 2
09/02/2020 7:17 pm  

What 2019 entry to make for a cash rebate received in 2020 based upon 2019 purchases. Accrual method. Thank you.


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(@casey-4)
Joined: 11 months ago
Posts: 120
09/02/2020 10:47 pm  

Enter a receivable for 2019, and "receive" the payment in 2020.


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