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April 25, 2022
Question

Moving a cost paid in this financial year to be a cost in the previous financial year

  • April 25, 2022
  • 1 reply
  • 0 views

I have a cost paid in this financial year which should show as a cost in the previous financial year.  How do I transfer that cost so that it shows in the P&L for 2021/22?  It is currently showing in the P&L for 2022/23.  The cost was originally part of April's payroll run but has now been put into the QBs accounts.  Thank you for any suggestions you have.

1 reply

Level 14
April 25, 2022

Hello Janet-chester-no, 

 

Welcome to the Community page, 

 

If you need the transaction to be in the tax year 21/22 and not 22/23 then it is just a case of changing the date to that period and saving it so that it then shows up under that tax year for you rather than the one it is currently showing in