Thursday, December 31, 2009

Self Employment Agreement Accounting Question - Check Posting?

Accounting Question - Check Posting? - self employment agreement

It is a generally accepted accounting practice for a review, a date that is in the months before the date on which you control? For example, I have a check on 31 March by a self with which we have an agreement-1 / 2 self-employment taxes. The audit was for taxation 1 Quarter, they have to (pay 1 / 2 of them) too. I show this amount in April, because the taxes in Q4 2007 were published in January 2008. Is this acceptable or should be published in the check will be issued considered to be appropriate in this month?

1 comment:

Anonymous said...

If the test is of 31 March was the cash credit on 31 Published in March. But that does not mean that public expenditure must be reasonably DIN Record March April tax. In this case, the tax burden would be prepaid in March (and an asset) depreciation in April.

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