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lmshanny1


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Assets and Staff Leave question
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Hi,

We have recently done an inventory I have found assets that were bought before accounts were ever kept or that were bought in previous years accounts that i cant find the payments made in the system. How can increase these fixed assets? 

 

Also our company has a fixed monthly salary and fixed 6 weeks vacation allowance. If our vacation pay is basically included in the salary why do I need an expense accounts for staff leave? Has this not already been accounted for in the salary expense account?

 

Appreciate any input.

 



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