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when to recognize customer returns
I had 2 sales last year (nov and dec) that got returned. Customers sent back their products and I issued them a refund in Jan 2019. Can I deduct the refunds from my 2018 sales or do I have to wait for 2019?
Does this have anything to do cash vs accrual?
Thanks.
Topics:
March 31, 2019
11:28 AM