Forum Discussion

KrisH's avatar
KrisH
Contributing Cover User
4 years ago

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
    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.