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Created by AgExpert Support
Created on Mar 7, 2017

Disqus Agexpert Accounting Questions Archive

I have an income acct named Carbon Credit Income to set up.. Am inquiring if it should be under Program pmts or what? and also what stability accts to hook it up to? Thanks

  • ADMIN RESPONSE
    Feb 10, 2025

    Hi Deb. Despite how long they've been around, accounting for carbon credits is still something very new. Feel free to set up the income account wherever you feel it fits best. Near your Program Payments account makes sense to me. As far as the agristability information, I'm afraid I'm not sure, except to put it under Other for now. Your best bet is to check with your accountant as he'll be in on the latest decisions by the people that make up the rules. If you let us know what you hear from the accountant, we'll make sure to get something up on our knowledge base for other users that might have the same question.

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