DFS - directors and pension adjustments

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Cortez
Cortez Registered Posts: 76 Regular contributor ⭐
Hi

Just working through some questions and bit stuck on these two:


Provision is to be made for:
1) Directors fees (3 directors if it makes any difference)
2) Pension to the widow of a director

So far I have

DR Director emoluments
CR ??

For both.

Any help would be great.

:001_smile:

Comments

  • peugeot
    peugeot Registered Posts: 624 Epic contributor 🐘
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    accruals/wages control in current liabilities.

    Best regards
    Steve
  • Cortez
    Cortez Registered Posts: 76 Regular contributor ⭐
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    Thanks for the quick reply! I've already got Trade Payables on my TB but no accruals/wages control - will it be ok to put it there?

    Also, I've got Directors Salaries on the TB already, is that the same as Directors Emoluments?
  • peugeot
    peugeot Registered Posts: 624 Epic contributor 🐘
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    Just create an accruals creditor in the TB.

    Yes directors emoluments/salaries are the same thing.

    Best regards
    Steve
  • Cortez
    Cortez Registered Posts: 76 Regular contributor ⭐
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    Cool, thanks :)
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