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Forward dating invoices dating for dummies com

And to say it’s up to the bean-counters to catch this situation is silly, because the whole reason you’re using phony dates is so that the bean-counters won’t know what you really did.And this is why defenses to backdating sometimes get hard for me to understand.My question is, if that’s your position, how can anybody be feigning shock that Nancy Heinen then went on to file all the false documents that would be required in order to carry out what everyone understood to be a spitting-on-the-sidewalk type infraction they were willing to commit.At a public company, it’s not just foreseeable that any deception upon shareholders will eventually have to be reduced to writing–it’s inevitable.Sure the accounting rules are arcane and most people don’t know them.But if someone asks you to write down a date from a month ago on a legal document, rather than today’s date, doesn’t it give you pause?These will help you prepare your Business Activity Statement (BAS), income tax return and other tax obligations.Check out the ATO’s Manage your invoices, payments and records for more information on these requirements.

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If you’re providing a tax invoice, there are some things you need to include on it for it to be valid.

Whether you keep printed or electronic records is up to you.

You need to keep all invoices for income you’ve received and payments you’ve made to others.

Those plans almost always require that the options be granted at fair market value on the date of the grant.

And if there is a stock option plan that doesn’t contain that language, the backdater would still have to make disclosures in a half-dozen publicly filed documents about what he was doing. Something like: “Please note that when we grant options, we sometimes pretend that we grant them on certain dates when in fact we grant them weeks later. We just do this to amuse ourselves, because we account for them properly using the real dates.” Could the next person who writes in to remind me that backdating isn’t illegal do me a favor?

938 comments

  1. PIA - Payment in advance; Net 7 - Payment seven days after invoice date; Net 10 - Payment ten days after invoice date; Net 30 - Payment 30 days after invoice date. Forward dating - Moving the invoice date forward so that the payment is made after receipt of goods; Military discount - Offered to members of the military and.

  2. Nov 6, 2010. Hi all, This is my first post so go easy, I have a VAT return due and I forgot to speak to my accountant during the week ;- oops. I have raised some fairly large invoices based on 45 days, which the customer has yet to pay. they are a payer, just a consistently late payer. The invoice date falls into my.

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