On October 2, 2006 at 20:07, davet2020 said...
So, I suggest that he does it first so
that you know what you are getting.
If both of you use that approach, nobody will ever be disappointed!
This has other ramifications that you haven't mentioned. I used to work for a company that did "trade-out," and that all came to an end when they computerized.
You see, the computer assigned sales tax to each item sold, and that sales tax, when collected, went into an account, then was later paid to the state. With trade-out, some creative pen and ink took care of it and actually paid it, but the computer program could not adapt.
Then, when labor was involved, there was cost of labor versus income. As there was no income, corporate profitability suffered as there was cost of labor with no money coming in to even cover the cost.
I guess you could do this as long as you are writing all your bookkeeping in longhand, but once it is in a computer, there will be problems.