It's been a while since I've had a cut off issue and looking for a quick answer.
1 week prior to the yearend my client has ordered a van and paid a deposit. They have received confirmation of the order but not an invoice. The balance was paid by finance once the van was delivered 8 weeks later.
Can I bring the vehicle in and claim CA's or will it the deposit simply appear as an asset on the balance sheet?
I suspect the latter but hoping for the former.