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RECEIVABLES
12 Months Ended
Jun. 30, 2014
Accounting Policies [Abstract]  
NOTE 4 - RECEIVABLES

 Accounts receivable consist of the following:

 

    2014     2013  
Accounts receivable   $ 2,927,983     $ 2,573,366  
Allowance for doubtful accounts     (70,000     (190,000
    $ 2,857,983     $ 2,383,366  

 

 Accounts receivable consist of trade accounts receivable and unbilled amounts recognized as revenue during the year for which invoices were sent subsequent to year-end.  Amounts that have been invoiced are recorded in accounts receivable and in deferred revenue or revenue, depending on whether the revenue recognition criteria have been met.