Member Since: 25th Sep 2000
10th Jul 2020
This article gives the bookkeeping entries for buying shares from distributable reserves.
As I understand it using cash to buy back shares means the company buys back its shares that are being traded on the open market, ie the Stock Exchange.
Your link is broken.
9th Jul 2020
I would export the two Trial Balances to Excel and combine them. The Export icon is on the top right of the report header, along with the email and print icons.
Or you have the option to create a Custom report.
7th Jul 2020
Simple answer - employee.
30th Jun 2020
How about a message saying that non accountants should refer their query to UK Business Forums?
29th Jun 2020
If your client is a disclosed agent then VAT is only payable on the commission.
19th Jun 2020
Sage have a sample set.
17th Jun 2020
What I would do is get the company to transfer the asset back to me in satisfation of the debt. If the company is struck off before this happens the asset belongs to the Crown as bona vacantia.
8th Jun 2020
If the director is willing to write off his loan there is no problem.
8th Jun 2020
Have the finance providers given you revised repayment schedules?
In the abscence of information from the finance providers how I would deal with it is accrue the unpaid instalments then clear the balance as payments are made.
7th Jun 2020
The share capital and P & L balance go into the Capital and Reserves heading.