Forum Message

Debtors and Creditors

Hi,

We have taken on a new client part way through his financial year. We do not have any trail balance figures from his previous bookkeeper yet.

How do we treat receipts from customers for sales invoices dated before we took over?


Posted by Annette Gregory on Aug 5, 2012 9:40 AM BST

Hi Annette,

The simplest solution is just to enter any invoices which were outstanding at the time you took over, then record invoice payments in the normal way.

Regards,


Posted by Mark McLaren (Solar Accounts) on Aug 5, 2012 3:30 PM BST