Co investment dates

Hi Laura, 

I've not noticed any issues previously with late payment of the Invoice. I believe they will just show within the different funding year when you check your co-investment report.

It won't, really. They say they can hold back your monthly payments if you're not recording co-investment payments in a timely manner, but I've never heard of that happening. 

The only way it'll affect you is if you're expecting the completion payment in 22/23. You won't get that until they've paid and you've recorded it on the ILR. 

So I can add a payment rec'd prior to 1st Aug 22 with no impact?

Huh, I swear the original question was about them paying in a 22/23 invoice in the 23/24 contract year? 

In any case, if they're still on programme and haven't yet completed you should be fine. You always have to record it as of the date you actually received the payment

When you have received a cash payment, you must record a separate payment (PMR) record for each payment that the employer makes to you. The financial record date must be set to the date you received payment from the employer.

If they've already completed and you're trying to do this retrospectively you will almost certainly encounter issues. 

Yer I had to re-word the question :)