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Posted by Laura on March 22, 2008, 10:41 am
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> Laura wrote:
>>> >> It's payment from a property management company for a
>>> couple
>>> >> of rental properties. Since they account for it in,
>>> say,
>>> >> December 2007, and their 1099 has it in tax year 2007,
>>> I have
>>> >> to have it in that year too. Hence the false date on
>>> my
>>> >> recording of its deposit in Quicken.
>>>
>>> Laura> I can see your dilema. To be consistant with the
>>> 1099
>>> Laura> received you would need to record this in December.
>>> Are
>>> Laura> they sending the checks out on 12/31/07 so that you
>>> receive
>>> Laura> it in Jan 2008? Ask them to either wait until
>>> January to
>>> Laura> send the check or ask them to send it earlier in
>>> the month
>>> Laura> so that it is received in 2007.
>>>
>>> Well...I don't think they'll do it for one customer. It's
>>> not a big
>>> problem to change the entry date, but it would be a useful
>>> addition
>>> to Quicken to have an alternate date for reporting purposes.
>
>> I have not come across any accounting software that does this.
>> Have
>> you?
>
> Of course he hasn't. It's easier to pretend that the world
> should subject itself to your needs, without regard to others.
Well said.....
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