Forum Discussion

KrisH's avatar
KrisH
Contributing Cover User
5 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
    Steven_M
    5 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

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
5 years ago

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

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