Thank you for your feedback.

Was this useful?

Where can I post Franchise Fees as an Intangible Fixed Asset on the ELTD chart?

Article ID

ias-2489

Article Name

Where can I post Franchise Fees as an Intangible Fixed Asset on the ELTD chart?

Created Date

20th January 2006

Product

IRIS Accounts Production

Problem

Where can I post Franchise Fees as an Intangible Fixed Asset on the Enhanced chart ?

Resolution

Use 503, 504, or 505 and then the relevant sub account e.g. 505/2 for additions. The Description and Extended Description will need to be adjusted, this can be done by going into: Edit | Account Descriptions OR For Group Descriptions it will be under: Edit | Group Descriptions.

Thank you for your feedback.

Was this useful?