Its that time of year again!\r\n\r\nSeedings will be sorted shortly so any critical requests let me know by e-mail and I'll try to accommodate.\r\n\r\nAs usual... no promises!\r\n\r\nStill got some beers to collect from last year if any creditors are going to HISC this weekend!\r\n\r\nSeedingsmeister
"Correct, though if it's taken a year to reclaim the debt you should probably think about putting a provision in place to save disappointment when your debtors completely deny they owe you any beer...\r\n\r\nCr Bad debt provision account (£amount of beer owed)\r\nDr Bad debt write off P&L account (£amount of beer owed)"
I assume you mean debtors?
"whatever flight you wanted is full!\r\n\r\nThough long and hard about whether my beers are debts or credits, and concluded that I had given credit to people, and they were therefore creditors.\r\n\r\nAccountancy help required...."
"but... if I have given credit.. I could be the creditor, and I therefore have debtors.."