Cut-off mistakes that quietly distort Taiwan year-ends

Cut-off is unglamorous and expensive when it goes wrong. Goods leave the warehouse on 31 December; the invoice posts in January — or the reverse. Either way, revenue, inventory, and payables can misstate together.

Sales near the boundary

Match shipping documents or acceptance certificates to the revenue ledger for the final week of the year and the first week of the next. Watch bill-and-hold arrangements and consignment stock: title and risks must match the accounting story.

Purchases and GRNI

Goods received not invoiced (GRNI) accruals often hide the gap. If warehouse receiving is strong but AP is slow, under-accrual understates liabilities and costs. A short receiving log review with AP usually surfaces the issue.

Cash cut-off

Uncleared deposits and outstanding checks around year-end still confuse teams that rely only on the bank statement date. Reconcile to the ledger date of recognition, not the bank’s clearing date alone.

If your close calendar is tight, ask Clouddatax during planning which cut-off samples we will expand — it is cheaper to prepare than to adjust after fieldwork.