Bill Jensen
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What is the best way to account for punch cards?

There are two appropriate approaches to accounting for punch cards: the cash basis and the accrual basis. The cash approach means that the amount of the sale of any punch card is taken into income on the date the punch card is sold. The accrual basis will allow you to take the revenue into income only when the punch card is applied (which could be months after the sale.) The accrual basis is the best way to match your income to your expenses.

Unfortunately, Atlantis does not yet allow for Extender to account for punch cards on an accrual basis.