End of year question

[Hogan]

When the annual accounts are being completed, if I have raised an invoice in say mid March, and the invoice gets paid in mid April - does this amount get added to this years or the next years turnover figures ???

Just trying to figure out what my company turnover will be (and how much CT to set aside!!).

Thanks !

[ASB]

This year. your accounts should be prepared on a bills delivered basis. You should also value uninvoiced work.

[Hogan]

Ah great - thanks !