Ask Me Help Desk
>
Business & Careers
>
Accounting
> Expense not recorded in previous year
PDA
View Full Version :
Expense not recorded in previous year
sejohnston
Jul 18, 2009, 05:33 PM
My CPA has discovered that I did not record a $200 expense last year, do I enter the expense in the current year to the expense acct?
morgaine300
Jul 19, 2009, 12:13 AM
Technically, no. But $200 is a pretty minor amount of money so I'd just charge it to this year, unless there's some really good reason not to.
Why didn't your CPA just tell you what to do with it, or fix it him/herself?