I posted a cost £6250.00in last financial year (2017/18) to an overhead costs (this is was the first installment of Website), the remaining costs £35,000.00 I have capitalized 2018/19), I know I have made a mistake but now can I make a journal to take the 2017/18 costs into this year 2018/19? If so would the journal be:
Dr Fixed Asset
Cr Overhead Costs
Or should I just forget it and leave.
Thank you in adavance.