New Client

[Deleted User]

Hi

I have taken on a new client who started trading in January, however his bank account has transactions going back a few months before then.

I am used to transactions occurring on or after the first day of trading so I am unsure of how to account for them because I would be inputting them with a date outside of his financial year.

Would I have to post date these transactions or change the date he started trading to earlier?

Thanks

Monsoon

Enter the pre trading expenses on the first date he started trading.