Posting of corporation tax and Dividend , to Sage , do both costs appear in the balance sheet and the profit and loss ?
On the Balance Sheet ?
Can you clarify ?
Sage suggests creating a code 9001 in the Profit and Loss account for Corporation tax payable. See this article
Dividends just affect Balance Sheet codes.
Thank you for the reply, that does make it clear.
My Sage 50 already has CT at 9996 and dividends at 9997.