Forum Moderators: martinibuster
To be fair, commercial mail kinda runs second to cards this time of year.
I also will peruse postmark and cheque date.
And yes, I also find the whole episode to be a totally unacceptable business practice. If it repeats with the November cheque, which I would consider inexcusable, it will damage Google's credibility enormously. We keep to their TOS, so should they.
Anyone who considers this to be sour grapes should check the variance of $US to other world currencies since 5th December [nominal received date].
For those of us outside the US, we have lost money, for some of us, that is an amount of substance.
Then again, wonder what the postmark date will actually be?
I suspect my first comment will be correct, at least I hope so.
If/when Google goes the direct deposit route, there will hopefully be a slightly less delay, since checks won't have to be printed, stamped and mailed.
And next month, when they issue checks to everyone who has a sub-$100 balance as of 12/31, they'll be issuing a lot more checks than usual.
It does not matter when a cheque is issued or a cheque is received for tax purposes. Most of the civilized world works on the accrued method of accounting, not on the cash basis. Revenue must be reported when it is earned, and expenses when they are occured.
If Google has not sent us a cheque at the end of the fiscal year, then it is accounts receivable, if they have sent the cheque at the end of the fiscal year, and we have not receive it, then it is a accrued income.
The same principle works for Google in reverse, for accounts payable and accrued liability.
Their is not tax advantage or liability, for when Google sends out their cheque. Just consider it an early Christmas present, when they send it out early.
It does sound like some people may get them next week, right? I know England (two of us reported in from Northern England - Liverpool and Leeds) was two days after the first people starting saying the Oct. cheque had turned up.
Just wondering, and didn't want to start a new thread as I'm sure someone will when it arrives.
Holland was first it seems for Oct. Cheques.