Accruals

siva
siva Registered Posts: 54 Epic contributor 🐘
Hi guys,

I am doing Accrual Journal after a very long time and just need to know if we put net value or gross value.

Thanks for your help.

Regards,
Siva

Comments

  • blobbyh
    blobbyh Registered Posts: 2,415 Beyond epic contributor 🧙‍♂️
    Assuming you'd have naturally accounted for vat when you first loaded the transaction into the accounts, then it's net value...
  • siva
    siva Registered Posts: 54 Epic contributor 🐘
    Thanks robert. That helps.
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