I am checking the account before running year end. We made some payments whcih were due in the 17/18 tax year late. The actual payments were not made until this tax year 18/19. I have processed the bank payment entries with the date the payment was made (ie 18/19) and not the year it was due in (17/18) is this correct?
So hows about an intro before we start. We always ask newbies!
Usual stuff - what prof body do you belong to, do you work for yourself or in a practice/ firm, are you a bookkeeper or accountant, what qualifications, how long in role, where up to in your studies-what exams passed/with what body/in midst of doing, where based, what you did before this role? That sort of thing. Helps get to know you but also how best to pitch answers.
Not sure what you are checking and to where. Im assuming you are keying to the bookkeeping software and that is one half of your checking process. Perhaps you can clarify..
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Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
