Backdating invoices

09-Sep-2017 17:23

If you use the Cash Accounting Scheme you have to stamp an invoice with the amount of cash paid and the date.

A member only category to allow ICB to seek feedback from the many 3rd party providers who are seeking ICB's assistance in being promoted within the Bookkeeping community.

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I close the accounts for the month and do the monthly management reports.

For instance, one may backdate an insurance claim if there was an unavoidable delay between the date the insured event occurred and the day the claim was made.

Nov 10, 2016. Unscrupulous jewellers have issued backdated invoices against these sales, amounting up to Rs2 lakh each at individual level even though Rs500 and Rs1,000 notes were scrapped on Tuesday midnight. When banks open on Thursday, these jewellers will use the backdated bills to deposit the Rs500 and.… continue reading »

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