Accounting for purchased goods and services in 2025
Have you purchased goods, services or travel in 2025, but will receive them or undertake the travel in 2026? Here you can read more about how this is recorded in the accounts.
Goods and services must be delivered/received in 2025, and travel must be undertaken in 2025, in order to be recorded in the accounts for 2025. Goods and services delivered in 2026 are recorded in the accounts for 2026, even if the invoice is paid in 2025. Travel undertaken in 2026 is recorded in the accounts for 2026, even if the invoice is paid in 2025.
Example 1:
- You order laboratory equipment in November 2025, which is delivered in March 2026.
- The invoice is due in December 2025 and is paid then.
- In the accounts, the cost is recorded in 2026.
Example 2:
- You book a trip in November 2025, which takes place in January 2026.
- The invoice is due in December 2025 and is paid then.
- In the accounts, the cost is recorded in 2026.
Do you pay tips?
During the festive season, many attend Christmas parties or other gatherings organised by OsloMet. Please note that tips cannot be recorded as expenses in OsloMet’s accounts. Invoices and reimbursements must therefore exclude tips.
Do you have questions?
Contact your local finance unit for further clarification.
(This text has been translated with the use of Microsoft Copilot. The text has been quality assured by OsloMet.)
