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Last year's late payment

  • 22-01-2009 11:48am
    #1
    selekta
    Registered Users, Registered Users 2 Posts: 90 ✭✭


    A sole trader's accounting question:

    A job for a client has been invoiced in December, but the payment only arrived late January. Should this be filed as last year's earnings or this year's?

    Thanks.


Comments

  • #2
    crapmanjoe
    Registered Users, Registered Users 2 Posts: 472 ✭✭crapmanjoe


    selekta wrote: »
    A sole trader's accounting question:

    A job for a client has been invoiced in December, but the payment only arrived late January. Should this be filed as last year's earnings or this year's?

    Thanks.

    Post as last years earning and as a receiveable at year end


  • #3
    selekta
    Registered Users, Registered Users 2 Posts: 90 ✭✭selekta


    crapmanjoe wrote: »
    Post as last years earning and as a receiveable at year end

    Thank you, this is helpful.


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