How to send a receipt for a bond (a Liability)
Lio_downunder
Member Posts: 1
Hi,
I've received money for a bond. This is not an income but a liability.
It seems I can only send an invoice, not a receipt, meaning I can only create a document that relates to a transaction that is considered as an income and the item I'm creating can only be linked to an income account (in the chart of accounts).
What am I doing wrong?
What's the solution if I want to send a receipt to my customer, track this liability so it corresponds to the future money-out transaction when I will reimburse the bond, and not create an income in my P&L?
Thanks
Lio
0
Comments
Hey @Lio_downunder. This isn't something that's currently possible to accomplish in Wave at the moment I'm afraid. No matter what you do, when you approve an invoice you will be debiting Accounts Receivable and crediting sales.