# Posting Receipt against Invoice

**URL:** <https://forum.manager.io/t/posting-receipt-against-invoice/34913>\
**Category:** Uncategorized\
**Created:** [May 12, 2021, 9:25am UTC](https://forum.manager.io/t/posting-receipt-against-invoice/34913 "2021-05-12T09:25:55Z")\
**Posts on this page:** 6\
**Page:** 1

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**Author:** ![SS\_Nair](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ss_nair/32/31507_2.png) [@SS\_Nair](https://forum.manager.io/u/SS_Nair)\
**Post date:** [May 12, 2021, 9:25am UTC](https://forum.manager.io/t/posting-receipt-against-invoice/34913/1 "2021-05-12T09:25:55Z")

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Receipt of amount posted against Invoice is not reflected in INCOME in Profit & Loss Statement. I have not checked other reflections. Please advise.  
SS Nair

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**Author:** ![Joe91](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/joe91/32/35781_2.png) [@Joe91](https://forum.manager.io/u/Joe91)\
**Post date:** [May 12, 2021, 9:40am UTC](https://forum.manager.io/t/posting-receipt-against-invoice/34913/2 "2021-05-12T09:40:11Z")

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There are two possible ways to record your transaction

1. Accruals basis
2. Cash basis

If using 1 Accruals basis, then income is recorded when you create the invoice, not when you receive the payment  
If using 2. Cash basis, then income is recorded when you receive the payment

Which are you using?  
If you do not know, then read this guide [Choose between accrual or cash basis accounting | Manager](https://www.manager.io/guides/7129)

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**Author:** ![SS\_Nair](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ss_nair/32/31507_2.png) [@SS\_Nair](https://forum.manager.io/u/SS_Nair)\
**Post date:** [May 12, 2021, 10:12am UTC](https://forum.manager.io/t/posting-receipt-against-invoice/34913/3 "2021-05-12T10:12:01Z")

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Thank you.  
Difficulty may be due to lack of my Accounting knowhow.  
SS Nair

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**Author:** ![Joe91](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/joe91/32/35781_2.png) [@Joe91](https://forum.manager.io/u/Joe91)\
**Post date:** [May 12, 2021, 10:15am UTC](https://forum.manager.io/t/posting-receipt-against-invoice/34913/4 "2021-05-12T10:15:57Z")

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try this site [Learn Accounting Online for Free | AccountingCoach](https://www.accountingcoach.com/)

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**Author:** ![eko](https://avatars.discourse-cdn.com/v4/letter/e/a8b319/32.png) [@eko](https://forum.manager.io/u/eko)\
**Post date:** [May 12, 2021, 10:19am UTC](https://forum.manager.io/t/posting-receipt-against-invoice/34913/5 "2021-05-12T10:19:19Z")

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@SS_Nair what @Joe91 is explaining is that when you add for example a $100 Receipt to your invoice you only would see an increase of $100 in P&L Income if you record transactions on Cash-basis. When using Accrual-basis then you would see an increase of $100 in P&L income at the time you create the Invoice (so in essence it is already added to your income at the time of creating the Invoice, the receipt will help to clear that invoice but no longer will add to Income as it already did).

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**Author:** ![Ealfardan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ealfardan/32/63166_2.png) [@Ealfardan](https://forum.manager.io/u/Ealfardan)\
**Post date:** [July 5, 2026, 8:21pm UTC](https://forum.manager.io/t/posting-receipt-against-invoice/34913/6 "2026-07-05T20:21:07Z")

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Closed on July 5, 2026, 8:21pm UTC

Uncategorized topics older than 3 years with no recent activity