I have a purchase invoice with a date of 18/12/2024. I paid it on 12/01/2025. In which financial year should I enter it? I’m not entirely sure.
Thanks in advance.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
I have a purchase invoice with a date of 18/12/2024. I paid it on 12/01/2025. In which financial year should I enter it? I’m not entirely sure.
Thanks in advance.
@PH: in 2024
The purchase date is the normal way. Some invoices arrive late or are paid later. In Dexxter, you can correct this with the 'fiscal date' if the previous quarter has already been closed, then the invoice will be entered in the relevant quarter. In theory, you can still enter invoices up to two years back, but you will probably have to justify/correct this in your tax return.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.