Paying for services in advance 2989
blockem last edited by
We have a client wanting to pay in advance for services that haven’t been delivered yet.
The quotes have been raised and accepted, he just wants to be invoiced now not next month.
This is to shift the expense into last years budget.
Is this allowable under sarbanes?
kymike last edited by
This is not prohibited under SOX. If you are billing in advance, just make certain that your invoice states that this is an advance billing for service to be rendered in the future.