PTP Software Help!

Precious Registered Posts: 2 New contributor 🐸
I am new to this Forum and I am in need of your assistance please. I am using PTP Accounts software to produce Statutory Accounts. I have entered the current year Trial Balance figures and the system have generated Brought forward figures from previous year ransactions, however, I am unclear on how to account for B/F transactions that are no longer in the current year.
For example, Corp Tax previous year paid, how do I show this as paid from the B/F automated generated journals?

Your feedback/assistance would be much appreciated.



  • Bluewednesday
    Bluewednesday Registered Posts: 1,624 Beyond epic contributor 🧙‍♂️
    You would need to do a journal between (I presume) corporation tax provision and corporation tax payment. Probably the journal would be debit provision (creditor) and credit wherever the payment has been entered i.e. corporation tax expense
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