Categories

IBAPP #021 – Control Accounts, misunderstood but a time saver

What is a control account

Example of a Debtors Control Account

How you wages figure can be wrong

Example of a Wages control account

Control Totals and Individual transactions

IBAPP #019 – Claiming VAT where you should not be claiming VAT

Claiming back VAT on zero or exempt rated goods in error

Items you can not claim VAT back on

EU Sales at 0%

VAT 13A Exemptions http://www.revenue.ie/en/tax/vat/forms/vat13a.pdf

Businesses not registered for VAT

2008 VAT Guide http://www.revenue.ie/en/tax/vat/leaflets/vatguide_2008.pdf

IBAPP #017 – Director’s Loans and how to record them

In the weeks episode of the Irish Bookkeeping and Payroll Podcast, Director’s Loans to and from the business and how to record them

Ways of paying off a loan instead of by cash

Subsistence, Mileage, Expenses offsets against the loan

Identify the transactions in the Directors Loan nominal ledger

The Director’s Loan Account documented for […]