Btc
GemmaLouise
Registered Posts: 56 Regular contributor ⭐
Quick question:
On long period of accounts - if theres any non trade interest this is split between the two CAPS based on the accruals concept - if not it is time apportioned. How do you know whether you can split it or you need to time apportion - do you need an opening and closing accrual?!
Thank you!
On long period of accounts - if theres any non trade interest this is split between the two CAPS based on the accruals concept - if not it is time apportioned. How do you know whether you can split it or you need to time apportion - do you need an opening and closing accrual?!
Thank you!
0
Comments
-
Is it non-trade interest receivable you are talking about? I don't really get your question. What do you mean by splitting? I guess both CAPs are of different size. I would calculate total PCTCT fot the acc.period and then time-apportion into CAPs.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 323 NEW! Qualifications 2022
- 160 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 93 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 274 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 201 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership