I have a client that has moved from a sole trader to the limited company.
One of the invoices issued by the business operating as a sole trader is for the full month during which the incorporation of the company took place. The client incorporated the company by himself. Now, I am aware of the assessment of the debtors/creditors of the business prior to incorporation. But, I am unsure if there would need to be anything done in the articles of incorporation to say that the sole trader business was incorporated? And if the invoice for the sole trader was paid into the personal account, I am, again very doubtful, if it should be apportioned at the date of incorporation and transferred to the company?
Any advice would be greatly appreciated.