 QuickBooks Online 2024. Sales receipt form, payment received at point of sale. Get ready and some coffee because we're getting our bookkeeping on track with QuickBooks Online 2024. First, a word from our sponsor. Yeah, actually we're sponsoring ourselves on this one because apparently the merchandisers, they don't wanna be seen with us. But that's okay, whatever. Because our merchandise is better than their stupid stuff anyways. Like our, trust me, I'm an accountant product line. Yeah, it's paramount that you let people know that you're an accountant because apparently we're among the only ones equipped with the number crunching skills to answer society's current deep, complex and nuanced questions. If you would like a commercial free experience, consider subscribing to our website at accountinginstruction.com or accountinginstruction.thinkific.com. Here we are in our Get Great Guitars 2024 QuickBooks Online sample company file. We set up in a prior presentation, opening up the major financial statement reports like we do every time the reports located on the left hand side. In the favorites, we're gonna be right clicking on the balance sheet to open link in a new tab, right click on the profit and loss to open link in a new tab, right click the trial balance to open link in a new tab. If you don't have that trial balance in the favorites, you can search for it here. Tabbing to the right where the trustee balance sheet is located, closing the hamburger, change in the range for the first month of 2024, that being 010124 tab, 013124 tab. We will run it so we can refresh it, tabbing to the right, closing the hamburger, repeating the process, going from the range change, 010124 tab, 013124 tab. Run it to refresh it one more time, tabbing to the right, closing the hamburger, changing the range in from 010124 tab, 013124 tab, run it so we can refresh it. Let's go back to the balance sheet quick recap. We started a new company file, we laid down the foundational items so that we can then start building our financial statement with the normal transactions by entering forms, foundational items typically found under the cog with the company information, like the account, the users, the lists, like the chart of accounts, as well as the products and services. And we set up our customers, vendors and employees. We pulled in our beginning balances, starting the new software in January of 2024. We entered some of the beginning information often done when you first start a company file, meaning you gotta finance it. So we wanted cash, so how did we get to the cash? We either took a loan or we got cash from the owner putting money into the business. We then took that cash and purchased the stuff we need to make the business work, investing in the business by purchasing the fixed assets. In our case, furniture for our store because we're gonna be selling guitars. And then we bought inventory. And that all took a lot of money and investment, but now we're making sales happen. So last time we looked at the sales process, we hit the plus button up top. These are our forms. We're now in the normal accounting cycle process, looking at the customer cycle, last time looking at the full accrual cycle where we entered an invoice and then we received the payment and then we're gonna make the deposit from it. Now we wanna think about the system which would be a cash register kind of system. So now we're imagining, say we're in our store and we're going to have a sales receipt, which is the form you can kind of imagine tied to a cash register in essence because it's gonna record us receiving the payment at the same point in time instead of invoicing the client to get paid at a future point in time. Let's take a quick look at the flow chart so we can fully understand that. This is the QuickBooks desktop homepage flow chart, but we're using it for online purposes because it's just the flow of the forms that's typical for any accounting cycle and I think it's a pretty well laid out sheet. So we're in the sales cycle this time, so or the customer cycle, sales cycle, revenue cycle. At the end of it, we expect there to be a deposit of some sort because we're gonna be receiving money for goods and services that we provide last time. We did the full accrual process, entering an invoice typical for something like a job cost system, bookkeepers will do this, the landscapers will do this, law firms will do this, they do the work first, then they invoice the client. But in our case, we imagined that we provided the inventory and build the client so that we can practice the invoice. Then we receive the payment and then we imagined we put it into a clearing account because we then wanted to group it in the same format as we'll hit our checking account so then we deposited it into the checking account. We have a similar thing if we have a cash to base system which is basically what we're talking about with the sales receipt. Now we're on a cash based system, not because we just chose to be on a cash based system but because the way our structure is set up, we're gonna get paid at the same time we do the work. So you could still basically call it an accrual system that you're using. It's just that it doesn't matter which system you use. If you're gonna get paid at the same time you do the work under a cash or accrual system, you will get the same transaction, right? The difference happens when there's a difference between when you get paid and when you do the work. So in other words, if I had a system where I invoiced clients and then received payments and then I said I was on a cash based system, well when I record the invoice then it wouldn't actually record anything because that would be an accrual transaction. Nothing would be recorded until we receive the payment. If on the other hand we're gonna get paid at the same point in time, both the cash and accrual system would record the same thing but for different reasons. Cash system because we received cash at that point in time. Accrual system because we did the work at that point in time, right? So the forms are really what drives if on a cash or accrual system. Okay, note that the easiest cash based system would be one where you don't enter a sales receipt form at all and you just record a deposit. You're like why don't I just do that? Why don't I just wait till something clears the bank and then I record the deposit when it clears the bank to revenue. You can do that if you're in a system or a business that allows you to do that. Meaning if you're in like gig work, you get paid by YouTube or something. Well, that's really easy. You can wait till the money clears the bank, use the deposit form to record the revenue and that's fine. But if you're at a cash register situation where you have multiple people paying you throughout the day, then you don't typically wanna do that because you want the internal controls that are gonna go along with recording each of the sales. So if as the sales happen, we're gonna enter the sales receipts and provide the goods or services, the inventory in our case at this point in time and then we'll receive the payment. The payment might come in multiple forms. We could get cash. We could get checks although that's more rare these days. We could get some other kind of electronic transfer or we could have a credit card. Now let's imagine a cash situation again because it's easy to physically visualize if we have a cash register and we receive cash, if we put it directly into the bank every time we receive cash, let's imagine we had 20 sales of $5. Well, then if I put it directly into the checking account when I receive it, it's not physically in the checking account when we get the money and what's gonna happen at the end of the day, we're gonna take those $100 and put it in the bank not as 20 separate $5 deposits but as $20. So what we wanna do then is put it into this clearing account. We have this issue where we wanna use a clearing account to then make sure that when we make the deposit on our end, it will match what actually will show up on the bank statement side so that when we tie out our books to the bank statement, possibly with the bank feeds, that will be an easy process. And if you're using any kind of electronic transfer where there's an intermediary, you're gonna possibly have a similar system. So if it was a credit card company that you're receiving payments from, well, they might charge you fees and they're going to group your payments together and deposit them into the checking account in a lump sum of some kind. So that means that you can't just sell things and put it directly into the checking account because you won't be able to reconcile. You won't be able to tie things out to the bank feeds and reconcile. So what we wanna do then is use some kind of clearing account, think about and correlate what we're doing with what the credit card company is doing in terms of the grouping of their payments so that we can then take the money out of our undeposited funds and deposit them in a format that will match and we'll be able to do our reconciliation process. All right, so that's what we'll do this time. So let's go ahead and do it. So we're gonna go into the first tab over here and we're gonna select the dropdown and we're imagining we're in the store and instead of an invoice, we're going right to the sales receipt form and I'm gonna say that we got a sales receipt. We're just gonna make up a customer called string music. That's the customer's name. Yeah, I know it's a creative name. I'm getting creative over here. Now we might wanna put a lot of information in from the customer, but if you're at a cash register, a lot of times you might not do that. You might not even get their name. You might just be using generic customer because you might not be gathering all their information. If you work at like a food truck or something like that or a restaurant, you're not gathering other people's names other than to call out their name so you can get their seat ready at some time, right? So other stores, however, you might wanna gather as much information as possible with them if they're gonna be a repeat client. So just keep that in mind. I'm gonna say save on this one. We don't need to email it, but if you wanted to email it, you have the capacity to do that, which could be nice these days because then you have like that electronic receipt. Send later, if you so choose. We're gonna say the date. I'm gonna make it on the 19th of 2024. And then the sales receipt number, I will allow it to populate on its own. I'll keep the location, which could be useful for the recording of the sales tax. And then the tags are not gonna add any tags. The payment methods. Now we're receiving payments here. So it could be cash, could be check, could be credit card. There could be some other electronic payment. Maybe they're paying with PayPal or something. You can add other things as well. I'm gonna once again choose the cash because I wanna imagine it going in and out of the checking account. Now note with a sales receipt, if you're at a cash register, and if you only accept things like a check or possibly some kind of electronic transfer that goes directly into your bank account, then you might be able to just deposit it directly into the checking account and you would be okay. So that in that case, this form would be what is increasing your checking account at this point in time. Because in that case, you're not gonna have an issue with other payments or fees possibly that are gonna mess up the deposit. So it doesn't match what is actually going into your bank account. But if you're collecting multiple things, like sometimes people pay you with a credit card, you're trying to have multiple payment options to increase the likelihood that people can do business with you, then what you're gonna need to do is put the information into undeposited funds typically and label which form of payment that you have as a general rule, just to make a uniform process and then basically take this information, take the money out of undeposited funds and deposit it into the bank in the format that will match what actually physically goes into the bank. So I'm gonna say cash, because I think that's easiest to follow if there was a reference number, like a check number, we can put it here or if it was a transfer, we can put it there. I'm not gonna put it into the checking account, but rather in payments due to deposit, which is the same as undeposited funds, which is what they used to call it, but they gotta change everything. They gotta change things over there to warrant their job, I suppose. Everything has to change every once in a while over at the online section. So what are we selling? We're gonna imagine they came up with a GSB, which is a Gibson SG, and we're now imagining, so notice it gives you how many we have on hand here, so we're gonna, and we're gonna sell one of those, okay? That's good because we brought them in with that ukulele, it's like it's only a $20 ukulele, but then we sold it, then we sold them to this $777 Gibson SG, that's how it's done, I'm just kidding, that's not how it's done, that's not nice. They want a ukulele, we will sell you a ukulele, we will not pressure anybody to be buying whatever they don't, and then an ELP, and we're gonna say that's our stock, that's our standard, and we're gonna sell three of those and at 500 for 1,500, and sales tax is being applied out, this looks much like the invoice form, same kind of process except instead of, whereas the invoice form goes into the accounts receivable, this is going to go into cash, but we're putting it into the clearing account of payments to deposit, and then down below, so this is adding it up, and then sales tax will be calculated, there goes, okay, sales tax has been calculated, now it's based on location here, I don't want it to be based on location, I'm gonna use the generic five, because we set up the generic five before, if you don't have the generic five set up and you wanna follow along, then you can just see the math right here and change the math, and then just tell QuickBooks to do the 5%, and it'll ask you why, and as if I have to explain myself to you, QuickBooks, why, because I said so, that's why I'm the one that's paying your salary, QuickBooks, so there it is, so then what's the journal entry gonna do? Well, and then of course, if you look at the rest of the form, right, so there's this, we've got the ad lines, clear lines, we've got the message displayed on the sales receipt, so you might put a message on it, message displayed on statement, you can have attachments, you can cancel, you can clear, you can print or preview it here, make it reoccurring, you can customize the form, note that this form might be something that you give as a standard process to your client, you might email it to them, kind of like a receipt that you used to get at a cash register, but it might just be an internal form as well, because the invoice is certainly something that you would give to the client, because you have to give it to them because they're gonna pay you later, but if you're getting paid at the same point in time, then you may or may not be providing the sales receipt as an external form, if it is a form that you're providing to the client, then you might wanna customize it and put your logo on it and that kind of stuff. What's gonna be the journal entry when we record this? Well, it's similar to the accounts receivable, but instead of increasing accounts receivable, it's, I'm sorry, it's similar to the invoice, but instead of increasing accounts receivable, we're increasing some kind of cash, but we're gonna put it into the clearing account, payments to deposit, the rest is basically the same as an invoice, we're increasing the other side's gonna be going to revenue for $2,277, not including the sales tax. Sales tax will be going up by 11385, that's a sales tax payable balance sheet account, and then we're gonna have the inventory going down by an amount that's not on the actual form, but driven by the items, the system knows it, we're using a perpetual inventory system, cost of goods sold and expense account will be going up for the same amount that inventory went down by, by the cost of the inventory, net impact on net income will be the sales price minus the cost of goods sold, and the sub ledger for the inventory will be impacted by units of inventory. So I think that's it, let's save it, we're gonna save and close it, we could send it if we had an email address that we wanted to send to, let's check it out going on over to the balance sheet, let's refresh it so we're not working in stale stuff, we wanna work with, I only work with fresh stuff, like fresh food is, I only eat, well that's not true, I eat possibly not the fresh, I'm not, like, anyway, but whatever, I'm gonna go in, it didn't go into the checking account, it went into the payment and deposit, let's go into the payment and deposit area, and we have then the item of the sales tax, sales receipts, so there it is, boom, if I go into it, that's for the full amount including the sales tax, the sales tax has been included, boom, all right, let's close that out, where's the other side going, there's two accounts affected at least, cause it's a transaction, one's gonna be on the income statement, let's run it to refresh it, it's in the sale of product line, let's go into that one, and there it should be, there's the sales receipt, I put it in two line items, cause it's trying to track it line by line, possibly to help track the inventory on a first in, first out basis, I believe, there's the two amounts, it doesn't include the sales tax though, where did the sales tax go? Cause it's not in balance right now, so where's the other side, it's on the balance sheet, it's on the balance sheet in the liability accounts under our two sales tax places that we are gonna have to pay, just like you know how this works, if you've ever been shaken down by the local thug, that the local thug's just a government now, so it's gonna be sales tax, boom, we pay that, we're gonna go back, but I thought if I pay the local thug sales tax, I wouldn't have to pay the local thug and the sales tax, that's not, apparently that's not how it works, you have to pay multiple protection monies, but in any case, then the inventory, if I go into the inventory, then it's gonna go to do, so there's the sales receipt, it's going down by amounts that are not actually on the form, because it's driven by the items, but not on the form closing that out, and then if I go back into the P and L again, the cost of goods sold is the other side of that one, so that's the expense of us selling the inventory for these two items, all right, let's go back, so the net impact on net income is the revenue minus the cost of the goods sold, let's go back to the balance sheet, and then we note that the inventory is gonna have a sub ledger breaking it out by unit, let's take a look at that, we'll go to the tab to the right, right click on it, duplicate it, and then we're gonna go down to the reports on the left hand side, and let's type in inventory valuation summary, and so there we have it as a, let's go 013124, 013124, run it, so here's the quantity, here's the values, we're at 38878, that's the amount, if we go to the balance sheet, we have the 38878 over here as well, so if I go into the internal reports, I can track this information if I had questions by whoever purchased it, right, but it's likely I'm not gonna use this as much if I'm making payments at the point of sale, which is more of a cash-based system, so if I go to the sales then, and why is that the case? Because I'm not trying to collect on the receivables, I have the benefit now of getting paid when I do the work and not having to worry so much on trying to make sure I'm not doing business with deadbeats, that aren't gonna pay me, so then, so if I go into here, we could say, okay, here's all transaction, we can look at basically the sales receipts, we can sort it this way, it's been paid, great, I can go into, it's not gonna be in the invoices, but I can also go to the customers and I can go to recent transactions or recent paid, I think it'll still be in there and we had string music, so if we go into string music, then we can see it, so if string music contacts us and has questions, we can answer them, but we're not in here so much managing what is going on, if you're at like a food truck, for example, or something like that, or a restaurant, you're just making sales all days, which is a tough job, but you're not having the top, which is also very tough, of trying to collect on the accounts receivable. If I go into here, then here's our information, the track of the information, you can edit the form to go back into the form this way as well. All right, let's close this one out. Let's go back into the balance sheet again, noting that the payment went into the payments to deposit account, which is basically a cash type of account, so again, you would kind of think it would be under here, under the bank account area, because if it was normal external reporting, we would be calling it cash and cash equivalents, but for QuickBooks, they're breaking out the different types of account by functionality of account, so the checking account would be connected to the bank feed, so that's one reason it's down here because it acts like an other current asset account, even though it is a cash account. In other words, if you wanted to tie out your cash to the statement of cash flows, for example, and you had money in the payments to deposit, you need to make sure that you include that when you're trying to reconcile that statement. If I go into here, you can see that we had the payments and then this was the sales receipt that went into this account. If we took the sales receipt and deposited it directly into the checking account, it would show up in the checking account as a sales receipt and an increase to the checking account, which may be fine, as long as we have a system where that's not gonna cause us a problem due to the grouping of payments. So in other words, if I go back here, we're gonna move this into the checking account. Note when we move it into the checking account, which will typically be done, say nightly for example, that's why it's not a big issue that this isn't really up here in this area because it should be zero very shortly at the end of each night or something like that. But if I went into the checking account and we deposited it in here with the sales receipt form, note that instead of seeing a deposit on the increase, you would see a sales receipt form. That makes it a little bit difficult to filter because if I filter over here, it's typical that we filter by type. So if I wanted to filter again, a transaction type, if I wanna look at the increases, I would usually filter by the deposits to see the increases. But if we have other things that are increased in the checking account like sales receipts forms or receive payment forms, then you've gotta take that into account. That's not a big deal, that's not a problem, but it is kind of nice to have all of your increases basically be deposit type forms because it's a little bit easier to do things like filter. Okay, so let's go back. Now also note that we're going to then deposit this into the checking account in the same format as we expect to see in the checking account. So if this is cash payments, we're going to at the end of the day, take all the cash payments and deposit them into the bank as one lump sum. So if I go to the first tab over here, if I hit the plus button, I won't deposit it now, but just to show the process, if I go into the bank deposit, you will see that now we have these items up top, which are coming from the payment form, which is the form that we get to collect after we issue an invoice and the sales receipt forms. If these were all cash transactions that happened in one day, for example, it's likely that we would deposit the whole thing, 22, 890, 85 into the bank at one time. And that's why we have the clearing account. That's why they have this whole system set up because that's the amount that's going to actually be on the bank statement and will pull through with the bank feeds if you're using bank feeds. If you deposit these one at a time, what's going to happen when you reconcile either with the bank reconciliation or the bank feeds, you're going to have to match out multiple transactions on our side to one deposit on the bank side. You don't want to have to do that. The reconciliation should be easy. It's going to be a more efficient system if you can find a way to use the clearing account method as they have set up here so that when you get to the bank reconciliation, it should be a snap, like there's my snap. Okay, so let's go back on over and let's do another one. Let's do another one. Let's go to the plus button up top and we'll say we're at the cash register again, another sales receipt. And we're going to call this. This is going to go to Sam, the guitar man. Catchy name, right? I'm getting such, I like to keep things interesting here. So I'm just going to use the minimum data. I'm not going to add the email, although if you wanted to email it to them as a receipt, you would want the email. We'll keep it at the 19th again and let's tab down, tab down the payment method. I'm going to just imagine cash again just to keep it consistent here, but we might have multiple payment methods. We're not going to put it into the checking account. If we did it would show in the checking account, not as a deposit form, but as a sales receipt form, which could be fine, but just note that. And then we're going to put it into the clearing account and let's put some amounts. This time we'll just do some service items. So we'll imagine they came up for service. Now these sound like more like car service items, but we're just to get the idea. We have a diagnostic that we're going to do on a guitar. Which means like we just like check out the guitar and have it stick out its tongue and so that we can see if its throat's okay or something. I don't know what that actually is, but we're going to do one of those. And then we have the hourly service one, which again is a generic service item. So sorry, it's kind of generic here. I could have done better, but we're just trying to do generic service item here as opposed to the inventory item. And then we're going to say tuning support. So we have tuning support as well, which means we're going to help you tune the guitar. I think tuning support is basically an app on your phone these days. You don't really need possibly our help for that usually in the guitar shop, but people still come into the shop for tuning support because of the beautiful furniture that we put in there. So I don't even know, I don't even know what they're asking for with these. I don't even know what we're doing, but we have such nice furniture that they still come in. We give them some coffee and we lounge around as we do the diagnostic hourly service and tuning support stuff. So the point is though that this is not inventory items, therefore it's not subject to the sales tax. So it's a lot easier or this sales tax will be dependent on location. So we're going to imagine that the service items aren't subject to sales tax in our case and the inventory items are subject to sales tax. Remember that in the United States, sales tax is a state and local tax. So you got to go by whatever the rules are. If you're in other countries, then of course the double entry accounting system is the same and taxes are, there's no new taxes under the sun either. Governments have been, have figured out all the ways that they can tax that are plausible ways to tax. The only thing that's happening now is to decide what's the type of tax that the current government's going to hit you with. So then what kind of combination they can get creative by combining them together and stuff like that. So whatever tax that they're using, which oftentimes is like a usage tax for in other countries for example, then you'll have a similar kind of system. So the accounting system is the same. The currency will be changed for whatever currency you're in. You figure out what kind of tax the current government is hitting you with and then you go from there. But we're saying that we're not being used as the business owner to collect the sales tax in this case, which makes it a lot easier and we don't have to deal with inventory, which is also a lot easier. And it's not an invoice so we don't have to track the accounts receivable. So this is great. So we're gonna imagine it's $5,180, which is quite high for that kind, for the service, but whatever. This is just a practice problem. And what's gonna happen? Well, it's a sales receipt. It's gonna increase some kind of cash account, which is gonna be the clearing account. And the other side is gonna be going into simply a revenue account. This time, not the product revenue, but service revenue driven by these items. Don't have to deal with inventory. Don't have to deal with accounts receivable. Don't have to deal with sales tax. Don't have to deal with cost of goods sold. This is the life. This is the kind of accounting I wanna see happen. So let's record it, check it out. Let's go to the balance sheet and let's gonna run it. And we're gonna say that it went into payments to deposit. Let's go into there and check it out. It just put it in there in one lump sum because we didn't have to break it out in any way. There's the 5,180. Let's go back. The other sides in the P and the L, the profit and the loss, the income statement, in other words, it went into a new line, the service line going into that. So here we have it. It's still put it in there line by line for the three service items that we had, but it's going to be the same number, the same sales receipt. So let's go on back. Notice that we don't have any cost of goods sold related to it. So the net impact on net income or the impact on net income, the increase in net income is the impact on both the gross profit and the bottom line, the net income of the sales receipt when we sold the service item not subject to the sales tax or the inventory which would result in cost of goods sold. If I go internally over here and we check it out on this side, we could go to the, I'm in the sales area. We could go into all sales items once again and we're looking at sales receipts. There's our list of sales receipts. We're not having to manage over here as much because we're not tracking the receivables, but if the customer came in and wanted to ask some questions, we can go into the recent transactions. We're like, oh yeah, I remember you Sam, the guitar man and we can go into their information. Yeah, we sold you these service items and it was in our beautiful shop with a nice furniture and guitars hanging all over the place and whatnot. And it was good times. So there's that. All right, let's see where we stand at this point in time. Here's the balance sheet. This is where we are at. We made changes to the payments to deposit. We're gonna make the deposits at a future point in time. We just wanted to show how these payments to deposit will be affecting the deposit form as we can see over here because at 2870, if I go back on over here, we'll be in the deposit form now and we can combine them together. So both the payment and the sales receipt type forms could impact the deposit form. There's the 2870 that is supporting that. So we'll take care of that later. And then here's where we stand on the income statement. Let's run it to refresh it. So we're making some money. We haven't broke even by any means yet due to all that nice furniture we bought and everything, but we're getting there. It's just a matter of time. So here's the trial balance. We're standing on our own two legs now, the debit leg and the credit leg, the left and the right leg. They're kind of lopsided because the upper leg is stronger here and the lower leg. It's because we like to work out with skateboarding, which isn't even running. So you end up with a thigh up here and then the calf on the lower muscles down here. But it's still okay. But in any case, then we can just see here, this is the balancing on top of the income statement. If your numbers tie out to these numbers, that's great. But if not, then you can try changing the date, increasing the date. And then if it's a date issue, drill down onto the source document and then possibly change the date on the source document. So we have our assets, cash. We've got the accounts receivable, inventory. These are all assets, investment, the payments to deposit. That's still an asset account. The accumulated depreciation, that's the contra asset account. So instead of a debit, it's a credit because it's decreasing the asset, furniture and fixture asset account, and then the liabilities. So this is all what the company owns. Who has claimed to that? The other side of the coin. Well, liabilities like the accounts payable, our vendors, the financial institution for the credit card company, the government wants their piece. And so whatever. We got the loan payable, so the bank. And then we have claimed to some of it too. We have a little bit of claim to our work down here. It's not all being taken by the government and the bank. So we've got the owner investment and the owner's equity and then the income statement, which is also part of equity that's gonna roll in to the equity. We sold stuff in this current period for the sale of products and some services and then the cost of goods sold decreases the equity. These are increases to the equity, decreases to the equity. We can scrunch down the income statement to one number, which would be 10107 plus the 5180 minus the 8062. That's the 7-225 found on the income statement. The 7-225 there. And that then rolls in to the balance sheet. So in other words, if I looked at this trial balance and I took it up to the next year, these two numbers will be squished together and be included in the owner's equity. Let's check that out just for the fun of it. Let's go from 010125 to 123125, run it. Doesn't do it on a monthly basis because QuickBooks closes it out on a yearly basis. Then we have no income statement here. You can see that on the balance sheet too. Here's the net income. If I bring it up to the next year, just for the fun, 010125, 123125, run it. And there it is. See, I told you that would be fun. We did it just for the fun of it and it was a good time. I told you it would be. So we'll do this more stuff next time.