The Nebraska Department of Revenue has ruled that contractors using accrual basis accounting and receiving more than one payment on a taxable project are responsible for collecting and remitting Nebraska sales tax on each payment. Contractors receiving only one payment may remit the tax when the sale is recorded. This change takes effect on all transactions after July 1, 2004. Sales made before July 1, 2004 with payments received after July 1st must be reported in the same taxable period that the sale was recorded. (NE Revenue Ruling 01-04-1, June 24,2004)