Which year for the invoice ?

Hedgie

Free Member
Aug 17, 2007
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Planet Mars
If I send an invoice out for work done in the last week of March but the payment is not due til 2nd week in april, which year does the invoice go into?
 
If I send an invoice out for work done in the last week of March but the payment is not due til 2nd week in april, which year does the invoice go into?

It will depend on the invoice date - if its invoiced in March and your year end is 31 March it will be a debtor ie amount owing in your accounts to 31 March.

Just to add by invoicing it after March you still have to include it in your accounts but as work in progress.
 
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