My financial year runs to October 31st.

Expenses and Salaries incurred for October were paid/reimbursed from the bank account late November.

Is there a way to have the expense show up in my P&L for YE October 31st while retaining the bank account transaction date? Or do I need to alter the bank transaction date as a fudge? Other transactions in November have been for the forward year.

Hi Rob,

Yes - you should create a new liability account called 'Accrued Salary Payable'. When recording the wages before 31 October set the Paid From Account to 'Accrued Salary Payable' (instead of the Cheque Account). The other fields should be as described here:
http://www.solaraccounts.co.uk/help/how-to-record-paye-and-ni-contributions.php

Then in the new financial year record a General Transaction from the Cheque Account to the 'Accrued Salary Payable' account.

Regards,

thank you :)