Invoices in advance | AccountingWEB

Invoices in advance

If a company raises sales in the year, but all the work relates to the 12 months after the year end (i.e the whole of the next accounting period), can we choose whether to net the amount off trade debtors or treat it as a 'deferred income' creditor? can anyone point me towards the guidance on this as im having difficulties finding any!





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FRSSE 2008 shows the correct

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