It depends on the terms & conditions of the sales order & when the risk passes.
Most companies use F.O.B terms & conditions that means risk passes to the customer on boarding the transport ship/plane.
https://www.wwcf.com.au/shipping-terms/
If this is the case you don't have to wait until the customer receives the goods to recognise the Revenue.
It depends on the terms & conditions of the sales order & when...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NXS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
0.010(5.00%) |
Mkt cap ! $61.35M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 19.0¢ | $31.60K | 161.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7800 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 4944 | 2 |
View Market Depth
| Last trade - 14.52pm 30/08/2024 (20 minute delay) ? |
| NXS (ASX) Chart |