New Client
[Deleted User]
Posts: 0
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
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
0
Comments
-
Enter the pre trading expenses on the first date he started trading.0
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