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Version	Old Version 1	New Version 2
Changes made by	Scott Zhuo	Scott Zhuo
Saved on	Jan 07, 2025	Jan 07, 2025

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Table of Contents

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Lease Amortization Line Type = Initial Entry

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GL Accounts	Debit	Credit	Comments
Lease Receivable	668.94
Product Revenue		668.94
Sales Tax Payable		70	Original Ownership Amount * Tax Rate
Sales Tax Receivable	70

Lease Amortization Line Type = Monthly Entry

Shipping State != Texas

GL Accounts	Debit	Credit
Accounts Receivable	18.35
Lease Receivable Account		11.40
Interest Income Account		5.55
Sales Tax Payable Account		1.4

Shipping State = Texas

GL Accounts	Debit	Credit
Accounts Receivable	18.35
Lease Receivable Account		11.40
Interest Income Account		5.55
Sales Tax Receivable		1.4

Lease Amortization Line Type = Cancellation

Shipping State != Texas

GL Accounts	Debit	Credit
Write-off Account	634.45
Lease Receivable Account		634.45

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Shipping State = Texas

GL Accounts	Debit	Credit

Discount


Write-off Account	634.45
Lease Receivable Account		634.45
Sales Tax Payable

Accounts Receivable

	68.6
Sales Tax Receivable		68.6

Lease Amortization Line Type = Discount

Ignore

Lease Amortization Line Type = Down Payment

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Debit Accounts Receivable

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Ignore