Hello,
I am doing bookkeeping work for a company that makes quarterly disbursements to is partners. For 2021 4th quarter disbursements, the checks were cashed in 2022. Do I include those in 2022 even though they were for 2021? If not, how would that work with the bank reconciliation if the money was taken out of the bank account in Jan 2022? I am using the accrual method (although sometimes think the cash method might be better)
also, would you include those disbursements in 1099s??
Thank you!!!
