Omitted debtors in PY accoounts are being corrected by way of a prior year adjustment. The accounts are prepared under FRS 105. Should a note be included in the accounts explaining the nature and ...

In the Employment section (SA102) of the 2026 SA return Box 7.4 states 'put the total percentage of the share capital owned'. In the above scenario (which must be quite common) should the answer be 50 ...

FRS 102 tips, expert advice, latest news and free resources for accounting professionals.

I would like to generate a top customers report in Xero, based on what has been invoiced during the past year. Is this possible? I've been pointed towards the "income by contact" report but this doesn ...

Can anybody advise how to reconcile VAT in Quickbooks for cash accounting. In Sage, we press reconcile button to reconcile the VAT for the quarter. How to put Vat closing journal in QB.

How do you calculate unpaid leave for a monthly paid worker (annual salary). For example 10 working days unpaid for July ( 23 working days). Monthly salary £ 2500 ( £30 000).

I wonder if anyone could advise the treatment of private pension payments made at £200 per month paid from a company account. Do I treat as an expense and save Corporation Tax, then declare additional ...

we keep getting the above error when uploading documents, any idea how to resolve it?

I applied for VAT registration for a client a couple of days ago through the Agent Services Account (the newer style account). I've now had an email from HMRC telling me I have a message and to log on ...

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Does anyone know what qualification the above letters denote? I've had a look but I can't find it. The letters came on an accountants name on a Tax assist letter and I was interested in what it stood ...

I'm firmly wearing my dunce cap here.... still learning! An incorporated entity has an asset on HP. The company then transfers this asset and the HP liability to a third party. What I don't quite ...