Community

Placing advance invoices in the correct financial year

VL
2024-01-24

Question

If I issue advance invoices in 2023 for services that I will only provide in 2024, should I declare these in the 2023 financial year (the year of deferral) or 2024 (the year of services)? I have found conflicting information online. Thank you in advance.

I enter them on the date on which the advance payment was received and also write out the advance invoice at that time. The state has never objected because I paid on time ;-) I also settle the account at the time of completion in accordance with that date.

Ask a question
Ask your question to the Dexxter community with over 27.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

Community

Other questions from the community

Booking transaction costs on sales

Bicycle and car allowance for travelling to customers

Working to the kitchen table and costs of utilities, etc.

Provisional social security contributions

Invoice with different types of costs

Special vAT declaration

Entering YouTube income correctly in Dexxter

Give up vAT exemption and become subject to VAT from 01/01/2025

Question about summary

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter