Last Month Invoice Posting

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Prashanth Kumar (Querist)
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27 April 2024 Can I booked last month invoice bill in April-2024? Incase if i mentioned lastmonth date and posted in current month then what are the issues are happened?

ASHWANI DHANUKA

ASHWANI DHANUKA (Expert)
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01 May 2024 If you have forgotten to upload March 24 bill. U can upload it in April 24 with March date. No issues.
Accounting entry to be passed in March only.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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13 August 2025 If the March period is still open, backdate and post the invoice in March
If the March period is closed:
Post in April
Pass a manual journal entry in March as an accrual (to reflect the expense in March)
Reverse that journal in April when the invoice is recorded

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