FRS102 operational leases
malcolm818
Registered Posts: 7 New contributor 🐸
in Bookkeeping
Hi need some help
There are lots of examples online of how to treat previously categorised operating leases under the new on balance sheet lease accounting rules. But what about previously categorised finance leases in particular HP agreements. Do we need to increase the HP creditor for the outstanding interest as now the lease note shows the gross and net obligations repayable.
Thanks
There are lots of examples online of how to treat previously categorised operating leases under the new on balance sheet lease accounting rules. But what about previously categorised finance leases in particular HP agreements. Do we need to increase the HP creditor for the outstanding interest as now the lease note shows the gross and net obligations repayable.
Thanks
0
Categories
- All Categories
- 1.3K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 388 NEW! Qualifications 2022
- 171 General Qualifications 2022 discussion
- 16 AAT Level 2 Certificate in Accounting
- 78 AAT Level 3 Diploma in Accounting
- 115 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 276 VAT
- 97 Software
- 283 Tax
- 149 Bookkeeping
- 7.2K General accounting discussion
- 211 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 589 Job postings
- 16 Who can benefit from AAT?
- 37 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
- 24 Apprenticeships
- 67 AAT membership