limited company client has been in a joint venture with two other parties
all income and costs have gone through the limited company with the other parties invoicing as subcontractors
the project has now finished and final profit shares are due to the 'subcontract parties'
can these be accrued for in our clients year end or should they account for this as and when the payments are made?
I may be over complicating things but would appreciate another point of view