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A client is using the Sales on Account workflow. Instead of receiving a payment against the invoice, they add a new deposit categorized to an
A client is using the Sales on Account workflow. Instead of receiving a payment against the invoice, they add a new deposit categorized to an income account.
What 2 problems will this cause?
- They will create duplicate expenses
- Their Accounts Receivable balance will not be accurate
- The income account will show duplicate income
- The income will not be recorded
- Their Accounts Payable balance will not be accurate
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