End of year question - Contractor UK Bulletin Board

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Hogan replied

15 February 2007, 20:30
Ah great - thanks !
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ASB replied

15 February 2007, 20:25
This year. your accounts should be prepared on a bills delivered basis. You should also value uninvoiced work.
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Hogan started a topic End of year question

15 February 2007, 19:45
End of year question

When the annual accounts are being completed, if I have raised an invoice in say mid March, and the invoice gets paid in mid April - does this amount get added to this years or the next years turnover figures ???

Just trying to figure out what my company turnover will be (and how much CT to set aside!!).

Thanks !
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