Home For AAT student members AQ 2013 AAT Level 3 (Level 6 in Scotland)

difference between receivables and SLCA account ?

topcattopcat Trusted RegularRegistered Posts: 452
is there any difference between the two accounts or are they just different names for each other?:001_unsure:

Comments

  • crispycrispy Trusted Regular SouthamptonRegistered Posts: 456
    Nope, as suggested they are one and the same thing. 'Receivables' is more in line with International Terminology (American based I think) the SLCA total represents 'Trade Debtors' on a UK Balance sheet.
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