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PTP Software Help!

PreciousPrecious Just JoinedRegistered Posts: 2
Hello,
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.

Thanks

Comments

  • BluewednesdayBluewednesday Font Of All Knowledge Registered Posts: 1,624
    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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