Transactions Overlapping the New Financial Year

How do I process transactions that occurred in the previous financial year but have only been taken out of my bank in this new financial year? For example, a debit card payment was made on Friday 4th April but has only been debited from my bank today.

Date it 4/4/14, it like if cheque is paid and not cleared from bank but as far accounts are concerned payment has been issued

Thanks for your reply. I should have said that I have just switched over to using QF in this financial year, so there is nowhere to actually record it at the moment. I’m just thinking about when I come to reconcile my bank statements will it be an issue? At least I know now how to handle transactions that occur at the end of the current financial year.

This topic was automatically closed after 7 days. New replies are no longer allowed.