I need some help with how to do the accounting for the following.
- I received an invoice in 2021 with a 2021 due date
- I did not pay the invoice in 2021 (aka I am late on the payment)
- The invoice is for services to be performed in 2022
Should I book the invoice in 2021 (as I was obliged to pay it but didn't, so I would have a "prepayment" and a "accounts payable" balance then) or do not book it (since it is related to 2022 and I did not pay it)?