Forum Discussion

KrisH's avatar
KrisH
Contributing Cover User
4 years ago
Solved

Credit for unpaid invoice

Hi all,   I am a new bookkeeper, our company had an invoice of $35,000.00 for October, the invoice has not been paid but it was recorded in MYOB in Oct. The BAS for Oct has been lodged and this wee...
  • Steven_M's avatar
    Steven_M
    4 years ago

    Hi KrisH 

     

    Seems like a pretty solid process to me. 

    I would just make sure that the negative transaction is dated in the appropriate period as this is the date it will be reported on for BAS and other reports.

Steven_M's avatar
Steven_M
Former Staff
4 years ago

Hi KrisH 

 

Seems like a pretty solid process to me. 

I would just make sure that the negative transaction is dated in the appropriate period as this is the date it will be reported on for BAS and other reports.

  • KrisH's avatar
    KrisH
    Contributing Cover User
    4 years ago

    Thanks Steve. I used 1st November as the invoice date for the negative transaction. 

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