Related Party Transactions (Details Narrative) - USD ($) |
3 Months Ended | 6 Months Ended | ||||
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Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2018 |
Dec. 31, 2017 |
Jul. 02, 2018 |
Jun. 30, 2018 |
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License, maintenance and services - related party | $ 174,492 | $ 315,408 | $ 337,337 | $ 583,708 | ||
Accounts receivable, related parties | 2,944,290 | 2,944,290 | $ 3,374,272 | $ 3,374,272 | ||
NetSol-Innovation [Member] | ||||||
License, maintenance and services - related party | 796,757 | 67,286 | 1,928,513 | |||
Accounts receivable, related parties | 2,302,065 | 2,302,065 | 2,521,533 | |||
Investec Asset Finance [Member] | ||||||
License, maintenance and services - related party | 238,539 | $ 442,699 | 391,879 | $ 1,043,891 | ||
Accounts receivable, related parties | $ 116,775 | $ 116,775 | $ 379,521 |
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- Definition Amount of receivables arising from transactions with related parties due within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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