Rejected Items for production budgets?

BLOG: Explanation of Production Budgets: Dealing with Rejected Items

Explanation of Production Budgets: Dealing with Rejected Items In the AAT Level 4 Budgeting unit, there is normally a question on production budgets that includes working out production levels where there is % of production that is rejected. On the majority of progress tests, this bit is done incorrectly. Consistently incorrectly! This is caused by […]

How to Calculate Settlement Discounts

How to Calculate Settlement Discounts

How do you to Calculate Settlement Discounts? PLEASE NOTE, HMRC INTRODUCED NEW RULES IN APRIL 2015 – TO UPDATE YOURSELF ON THE NEW RULES, PLEASE SEE OUR BLOG HERE Whilst there are new rules in place, you still have to know how to calculate settlement discounts (now known as Prompt Payment Discounts), so hopefully you will […]