Selling apps on google play and invoices

[dotbloup]

Hi,

If you sell apps on Google play, do you issue one invoice when you get the money from Google play or do you create an invoice for every application sale?

 

[negon]

Can't you just put it in the books as profits? I don't think you need to generate an invoice for it also Google must have some document they send together with the settlement of the money or?

 

[Flycatcher]

dotbloup said:
or do you create an invoice for every application sale?
Click to expand...

If you ever make an application which gets downloaded millions of times I cannot imagine you crafting millions of invoices for every single sale...

How about this: One invoice, which defines the app as one product, which you have sold x times? Like an app which is $10 each, app x 10000, which is equal to like $100,000?

Besides, invoices are means of negotiating payment, if I'm not incorrect, invoices are never legally required to be produced (at least in many countries), but if those are, all of those must be held in the books.

 

[JohnLocke]

Flycatcher said:
How about this: One invoice, which defines the app as one product, which you have sold x times? Like an app which is $10 each, app x 10000, which is equal to like $100,000?
Click to expand...

That is how you would do it.

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[drillbill]

For Belize or Seychelles we don't need that invoice right we don't need to care?!

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[Flycatcher]

@drillbill AFAIK all offshore countries require that you do accounting, but most of them do not legally require you to disclose those annually.

I personally would at least save the records of app sales. In the unlikely situation someone's going to ask for your accounts, you at least have something better than "I don't know".

 

[drillbill]

Flycatcher said:
@drillbill AFAIK all offshore countries require that you do accounting, but most of them do not legally require you to disclose those annually.
Click to expand...

Yeah I found out.. they give a s... on the accounting part. They just need you to sign a letter in case they get audited coo-:!y

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