The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> Judgement call required
Post Info TOPIC: Judgement call required
NA_AA


Guru

Status: Offline
Posts: 501
Date:
Judgement call required
Permalink Closed

Hi,

 

I am just in the process of completing a SA return for a client and am working out the total Rental income. Note that there are some expenses related to this income, however as the receipts ate quite old - the ink has faded away - what do you do in this situation?



__________________

Thanks, Nadia.
Rhianrach


Expert

Status: Offline
Posts: 1609
Date:
Permalink Closed

Can you read them or are they just blank peices of paper.



__________________
Steve
Amanda


Expert

Status: Offline
Posts: 1991
Date:
Permalink Closed

I know they fade rapidly but if they are blank then you can't record them.
Thats just my opinion.

__________________

Amanda
Don Tax


Expert

Status: Offline
Posts: 1716
Date:
Permalink Closed

keep, ask client, estimate.
Tim

__________________
Amanda


Expert

Status: Offline
Posts: 1991
Date:
Permalink Closed

Ask your client in the future to take photocopies of the small receipts that way they will be on proper paper and not the till receipt paper that fades quickly. (just a thought).

__________________

Amanda
NA_AA


Guru

Status: Offline
Posts: 501
Date:
Permalink Closed

They are blank - no data on it whatsoever

__________________

Thanks, Nadia.
ClawzCTR


Guru

Status: Offline
Posts: 506
Date:
Permalink Closed

I agree with Amanda!!!

These new 'Thermal' till reciepts are pants, they dont last long than 6 months or so! Companies use them to save cost on buying ink/ribbons for printers... but for us they are a nightmare!! Which begs the question, when you get HMRC knocking on your door for these complience visits, will they say your not keeping adequet records because of faded reciepts? Hardly fair if you ask me!!!

In future get them to photocopy a batch of reciepts (dont use one piece of A4 for one reciept... lol) that way they will last a hell of a lot longer!

__________________

Gary

W: www.backtoblackbooks.co.uk    E: gary@backtoblackbooks.co.uk     t: @backtoblackBK
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> Judgement call required
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About