Cut-off errors that surface late in Yamaguchi trading companies

Trading companies that ship through Shimonoseki or store goods inland often book revenue when the invoice is raised, not when control of goods passes. In a financial audit, that timing difference becomes a cut-off finding.

Sales near year-end

If goods leave the warehouse on 2 April but the invoice is dated 31 March, revenue may be early. We match bill of lading or delivery notes to invoice dates for samples around the boundary.

Purchases and GRNI

Goods received not invoiced (GRNI) accruals that sit unchanged for months usually need either clearing or a better estimate. Auditors ask who owns the GRNI list and how often it is reviewed.

Returns and credit notes

Post-year-end credit notes that reverse December sales can indicate that revenue recognition was optimistic. We look for patterns, not one-off courtesy credits.

Addressing cut-off in a readiness review in autumn is far cheaper than discovering it during March fieldwork with a lender deadline approaching.