How to Record Landfill Gas Credit Revenue
Recording the income generated from the sale of credits produced via landfill gas-to-energy recovery systems.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Accounts Receivable | Asset | 5,000.00 | - |
| Landfill Gas Credit Revenue | Revenue | - | 5,000.00 |
💡 Accountant's Note
Recognizes revenue earned from the quantification and sale of methane capture credits generated from landfill operations.
Practitioner & Systems Framework
💻 ERP Architecture
Record in the Sales and Distribution module with a specific item code for LFG credits.
⚠️ Audit Flags
Discrepancies between gas capture logs and credit issuance certificates.
📄 Required Documentation
Gas collection reports, third-party verification, and credit sales agreement.
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