R&D refund.

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Tatie
Tatie Registered Posts: 7
edited June 18 in AAT member community
Dear All,
Could you advise where to post R&D refund, please?
Should it be debited to CT Acc?
Thank you in advance.

Comments

  • badhombre
    badhombre Registered Posts: 20
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    Not come across this in practice myself but wouldn't it be better to posit it to the same GL account that was hit with the original R & D costs?
  • arjun
    arjun Registered Posts: 12
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    Dr: CT B/S or BS Other Debtors
    Cr: CT P&L

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