Back dating invoices uk

back dating invoices uk

Can I backdate an invoice?

Sometimes it is tempting to backdate an invoice at the request of a customer. These requests are most likely to come early in the year or a fiscal quarter when a customer would like to apply an expenditure to the previous tax period. Although you may be happy to help, it is better to refuse such a request.

Is backdating an invoice an example of false accounting?

On a more general point the dishonest backdating of an invoice in order to accelerate payment sounds like an example of false accounting, contrary to s17 Theft Act 1968, or fraud by false representation, contrary to s2 Fraud Act 2006.

When do you have to give an invoice to a customer?

Invoicing and taking payment from customers. Overview. If you sell a customer a product or a service, you need to give them an invoice (bill) by law if both you and the customer are registered for VAT (a business to business transaction). An invoice is not the same as a receipt, which is an acknowledgement of payment.

Can a supplier put a different date on an invoice?

If both customer and supplier are happy they can put whatever date they want on the invoice. As for semantics, its been shown time and again that failing to state ones assumptions can lead to all kinds of difficulty. Fair enough, I suppose Im surprised that you consider that reasonable.

Is it dishonest to back-date an invoice?

- No. Is it dishonest ... ... if the client has approved the date to be put on the invoice (or indeed suggested the back-dating in the first place)? Assuming of course that the person sanctioning the back-dating has the full authority to do so.

How do I change the date on an invoice?

The top right of your Invoice form shows the invoice date... you have 1/11/14 there... and need to change it to the intended 2013 date. The date appears to the left of the Invoice number on the screen. Just modify that date and save. December 10, 2018 05:24 PM

Is it possible to post invoices in previous dates?

but if you need to post the invoice to accounting in the previous dates,the periods need to be opened. Help to improve this answer by adding a comment. If you have a different answer for this question, then please use the Your Answer form at the bottom of the page instead. Are you talking about the Billing Date or Creation Date ?

What is the difference between system date and invoice date?

1. invoice date will depend on PGI Date and invoice date should be less then or equal to system date .if it not matches you will get the below message.

Why client asked us to post purchase invoice with different date?

Client asked us to post purchase invoice with... Purchase invoice is dated a few days after the end of the VAT period. Client insists we alter the date as it goes on sage so that they can reclaim the VAT and reduce this quarters VAT bill.

Is the invoice date the delivery date or delivery date?

They have turned around and said The law states that the invoice date should be the date title of the goods is transferred, ie the delivery date. If you are illegally dating invoices then you will need to make your MD aware of this.

When do you have to give an invoice to a customer?

Invoicing and taking payment from customers. Overview. If you sell a customer a product or a service, you need to give them an invoice (bill) by law if both you and the customer are registered for VAT (a business to business transaction). An invoice is not the same as a receipt, which is an acknowledgement of payment.

Does the date on an invoice matter for VAT?

Unless within 14 days of basic taxpoint, it doesnt matter for VAT. Assuming that the accounts accurately reflect the timing of the supply, it shouldnt matter for direct tax, either. So can someone please explain the mischief in dating an invoice, the date of which has been agreed by both customer and supplier.

Related posts: