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Multiple car lease rental restrictions - Summary |
See Also
Car lease rental restriction | Expense analysis | Multiple car lease rental restrictions - Supporting schedule | Multiple expensive cars | Profit and loss account / Income statement (D schedule)
Select from the following headings:
Background | Developing the schedule | Completing the Schedule | Standard Sub-Schedules | Carry Forward | Related Errors
The purpose of this set of schedules is to make it easier for the user to deal with large numbers of car lease rental restrictions by splitting them over more than one schedule; the supporting schedules will then feed into this summary schedule.
Note: Only one of the Car lease rental restriction or Multiple Car lease rental restriction schedules should be developed, not both. You should decide which schedule is more appropriate.
When this option is chosen, the user will be provided with a summary schedule from which as many Multiple car lease rental restriction - Supporting schedule can be developed as required, for each grouping of leased cars.
For long periods of account, it will be necessary to show the split of Disallowable between the main and stub periods.
Reconciliation to P/L account
This schedule includes a reconciliation to the P&L. Using the Develop > Link option adds a selected P/L entry to the reconciliation at the foot of this schedule. A check error will persist until the car details are entered and balance.
The Develop > Leasing option can be used where you want to populate the schedule with the car leasing details before ensuring it reconciles back to the P&L. Once the items do reconcile to the P&L, you should then link the P & L amount to the expensive car schedule using the Develop > Link option.
This schedule has one standard sub-schedule, the Multiple car lease rental restriction - Supporting schedule.
This schedule does carry forward, although all relevant information is contained in the underlying Multiple car lease rental restriction - Supporting schedule.
© 2009 Thomson Reuters.