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Hoots : Can I count a 2015 expense, if I paid the bill in 2016? I incurred an expense in 2015, put it on a credit card, but didn't pay it off until January 2016, can I count that as an expense for 2015? - freshhoot.com

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Can I count a 2015 expense, if I paid the bill in 2016?
I incurred an expense in 2015, put it on a credit card, but didn't pay it off until January 2016, can I count that as an expense for 2015?


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You paid the expense when you put it on the credit card in 2015. The fact that you didn't pay the credit card until 2016 doesn't change that.


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