Related Party Transactions (Details Narrative) - USD ($) |
3 Months Ended | 9 Months Ended | ||||
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Mar. 31, 2019 |
Mar. 31, 2018 |
Mar. 31, 2019 |
Mar. 31, 2018 |
Jul. 02, 2018 |
Jun. 30, 2018 |
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License, maintenance and services - related party | $ 156,996 | $ 150,373 | $ 494,333 | $ 734,081 | ||
Accounts receivable, related parties | 3,012,133 | 3,012,133 | $ 3,374,272 | $ 3,374,272 | ||
NetSol-Innovation [Member] | ||||||
License, maintenance and services - related party | 774,393 | 67,286 | 2,702,906 | |||
Accounts receivable, related parties | 2,348,134 | 2,348,134 | 2,521,533 | |||
Investec Asset Finance [Member] | ||||||
License, maintenance and services - related party | 352,108 | $ 464,976 | 743,987 | $ 1,508,867 | ||
Accounts receivable, related parties | $ 142,774 | $ 142,774 | $ 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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- Details
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