Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Unfilled Sales Order as a liability (https://www.askmehelpdesk.com/showthread.php?t=281786)

  • Nov 16, 2008, 10:40 PM
    catsandkittens
    Unfilled Sales Order as a liability
    Why is an unfilled sales order a liability instead of revenue?
  • Dec 12, 2008, 08:18 PM
    pready

    If you have received the sales order but have not filled it you have a liability because you have to fill the order. You have not earned the revenue yet.

  • All times are GMT -7. The time now is 06:52 AM.