If I have a list of contract amounts that were paid on in 2024 and still want to show the original amounts in 2025 wouldn't i have to also minus 2024 payments to 2025 to have an accurate account of contract balance owing.

Gloria G 0 Reputation points
2025-02-13T01:54:24.98+00:00

I have a ledger of clients, their contract amount and phases to invoice say for 2024 and payments have been made. For 2025 I'd like to keep in the same log with the original contract amounts, balances due and payments in 2025. Wouldn't I have to include in balancing my ledger 2024 payments to arrive at current contract balances?

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