Accounting Ideas

Extended Chart of Accounts

Certain Nominal codes you would expect in the Chart of Accounts are not there e.g. No Corpration Tax charge code in the P&L. If a Limited Company there is bound to be a Corpration Tax charge, and so there should be a code, as in Final Accounts.

No Disposal on Fixed Assets in Balance Sheet e.g. in Office Equipment (OE) there is no OE Disposal at cost or OE Depreciation on Disposal.

  • Guest
  • Feb 7 2024
  • We're Taking A Look At This
  • Attach files