Much appreciated, aware of these points already. The other aspect that we have is that we will be receiving orders for the US through some specific electronic order delivery system which needs to be compatible- much fun!
Our accountant said that no one in their practise has any experience dealing with the US. We are now looking for a new one......
What would the difference be? I suppose the main thing is to get it out of COGS until the goods are received so that it doesn’t affect the GM of the invoice date period