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snehakhabiya
Contributor

Joined: 21 Mar 2008
Location: United States
Online Status: Offline
Posts: 63

Posted: 29 Nov 2009 at 04:22 \| IP Logged

When sales are spread evenly over the year, July 1st is
considered as an average date, so we divide it by 2.

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FARE: November 30th

lovethepirk
Major Contributor

Joined: 10 Jul 2009
Online Status: Offline
Posts: 295

Posted: 29 Nov 2009 at 16:46 \| IP Logged

I'd be damned if i'd run my companies books by that but i will
remember it ;). Hell if u got an inflow of sales one month it would get
screwy

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Using Wiley books and CPAnet!!!

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