Does anyone understand the GL entries Timeslips wants to post regarding WIP. They make no sense. In an accrual set of books, income should be book when time is entered and booked to WIP. When time is actually billed, WIP is reduced and AR is increased. The entries Timeslips wants to post does not do this and when posted does not total my total revenue for the month or WIP. Receivables are correct, but the others are not.
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