Practice

Hi All

I wonder can someone in the know explain in reasonably simple terms the reasons behind having a BIDCO, MIDCO and TOPCO in most UK private equity buyouts of a trading group.

We have a new client who is migrating from Kashflow to QuickBooks Online. (They were going to use Brightpearl but there seems to be an issue integrating with eBay.)

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 Is it correct to arrive at the balance sheet balance of prepaid expenses as - Opening balance + charge for the year - closing balance. As this shows prepaid expense carried to balances sheet less

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I am preparing a set of limited company accounts to 31.03.14 for a new client.  On investigation it appears the company was incorporated around November 2011.

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I am ACCA memebr and working as a employee in a small scale public practice and doing mixed roles at work which includes some tax compliance and accounts production.

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Linked heavily to my question re losses recently.

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I'm doing the P11d for my MD.

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We have identified an error made when processing the VAT element in a document from a certain supplier in every month between February 2009 and December 2012.

1

Hello,

I run several payrolls using Moneysoft payroll. All RTI submission are made on time for all of these.

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