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Level 1

Income received for last year’s work

I’ve just received payment for some work I did last financial year; I’m sure there’s a simple solution but I can’t work out how to attribute the payment to the last tax year… This seems like it’s probably quite a common occurrence at this time of year, can anybody help?


Income received for last year’s work

Let me help you with that, @Simon85.


You can directly categorise the payment within your QuickBooks Self-Employed account (QBSE). Here's how:


  1. Go to the Transactions menu. 
  2. Find a transaction on the list. 
  3. Select appropriate option/category for this transaction.


Also, I'd highly recommend consulting your tax advisor or accountant to handle them properly. They can help you keep your books accurate.


You'll want to check out these articles to learn more about managing transactions: 



Feel free to visit and post again if you have any other questions. I'm always here to help, Simon85. Stay safe.

Level 1

Income received for last year’s work

Thanks for your reply but I’m afraid it doesn’t help me - I know how to categorise the transaction as business. The issue is that the payment was made to me in this tax year, but the work was done last tax year. I know that the income should be recorded in the last tax year, but I don’t know how to make this adjustment on QuickBooks.


Income received for last year’s work

Welcome back, Simon85.


The nature of your concern requires guidance from an accounting professional. You'll want to reach out to your accountant for advice on how to make proper adjustments and handle your situation. 


If you need other references for tips on your future task with QBSE, you can check out these helpful links: 

The Community is always open if you have other questions. I'll be around to help. Wishing you a great day ahead!

Level 3

Income received for last year’s work



Did you find a solution for this?


I’m relatively new to QBSE in the UK and spotted this potential issue when I signed up at the start of the current tax year. Here’s how I’m going to handle it:


* When I send my invoices on 1 April next year, I’ll add them as manual transactions for that date, to include them on my list for the 2022/23 tax year.

* If they are paid before the end of the tax year then the payments will automatically appear on my list, so happy days, and I’ll just delete the manual transactions.

* If the payments don’t arrive until into the 2023/24 tax year, I’ll place a note on the manually added transactions to state the date they were actually paid.

* In that instance, when the transactions appear on the 2023/24 list, I’ll just set them to Excluded, with a note on there to state the date they were added to the 2022/23 list. I had the final couple of 2021/22 payments arrive in the 2022/23 tax year, so that’s how I handled those when I signed up in April.


Whether this is the best solution I don’t know, I’m sure there are flaws or issues that I haven’t considered, but this is the best approach I’ve managed to come up with so far. I’d be interested to hear any thoughts or if you’ve taken a different approach.


All the best.



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