ReviewYou can review your activity slips at any time by using the Activity Log. From here, you can also edit or delete activity slips. Work you’ve completed for your clients that you haven’t billed yet is called Work In Progress. Your accounting records will only reflect a sales transaction when you bill your customer for the activities. However, some accountants consider that, from an accounting perspective, your clients owe you for your work in progress even if you haven’t yet billed your clients for it. If your work in progress routinely represents a significant amount of money, you should consider adjusting your accounting records to reflect this. Consult your accountant for advice on how to do this. |