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Old 2006-01-17, 02:26 PM   #1
Toby
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Quote:
Originally Posted by Allfetish
...I always put mine on the one based upon when it was received.
It should be based on the date the check was issued.
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Old 2006-01-17, 02:34 PM   #2
Allfetish
If you really need money, you can sell your kidney or even your car
 
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Quote:
Originally Posted by Toby
It should be based on the date the check was issued.
I guess I might be audited then soon.

I do use a cash basis though instead of accrual accounting, so that is why I have always went by when the money was received.

http://www.nolo.com/encyclopedia/articles/sb/cash.html

:shrug:

I suppose this why I am not an accountant.
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