I found a great topic on this forum on what you need to have ready for the Accountant for year end. I just have a quick question about invoices that relate to 2013 but were posted in 2014. Should i take copies of these invoices for them? Do they like to see these?Also I found some nominal errors in the 2013 accounts. I have done up a list of what needs to be corrected, is it ok to just show them this list?
When you say the invoices relate to 2013 but were posted in 2014, do you mean the tax date on the invoices was 2014 but they relate to expenditure for 2013, or the invoices were dated 2013 but have been posted in 2014? In the first scenario, yes they will need to see copies of the invoices as they will need to accrue for the expense in the previous year's accounts. If the second scenario then the invoices should have been posted in 2013 and not 2014.
If the accounts/backup has not been given to the accountants yet, could you not do the amendments yourself? If the accounts have been sent to them then it is probably ok to send them a list of the errors for them to correct.
Hope this helps.
Edit: To delete a word that gave the complete opposite meaning to what I meant!!
-- Edited by Stardoe on Tuesday 29th of July 2014 09:31:14 PM
Thank you for your reply. Yes the invoices are dated 2013 but weren't actually received by me until Feb / March 2014. Should I have gone back and posted them 31/12/2013? I will do this in future if that is the case.
In relation to the nominal corrections I was going to do this journal myself but would that not completely change the TB etc to the reports I have now and the Dec 13 back up won't match?
Sorry for late reply, didn't get an email to say you'd replied! I assume your year end is 31st December 2013? If nothing has been sent to the accountant yet then it is ok to post these invoices with the correct date and do the corrections. However, if you have sent the TB and the backup and reports to the accountant I would just send them copies of the invoices and a list of the corrections.
Pushing it for time now though isn't it with a year end 31st December, accounts need to be submitted by end September.
